Vietnam 

VN stocks skid down as market stalls for ETFs’ trading – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Novaland’s River Gate project. The company shares declined by 1.4 per cent on Friday morning. — Photo pandaland.com.vn Vietnamese shares were down slightly Friday morning with moderate trading liquidity as investors waited for the finalised review of exchange-traded funds’ portfolios. The benchmark VN-Index on the Ho Chi Minh Stock Exchange slid 0.24 per cent to close at 994.75 points. The VN-Index gained 0.20 per cent on Thursday. More than 91.3 million shares were traded in the morning session, worth nearly VND2 trillion (US$86 million). The market sentiment was quiet as exchange-traded…

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Hong Kong Stock Exchange said its website was hacked while it halted derivatives trading to fix unrelated software bug

Hong Kong’s stock exchange website was hacked yesterday, while the bourse had halted derivatives transactions to fix an unrelated software bug, as the operator faced a combination of technical outages at a time of heightened sensitivity about the city’s role as Asia’s third-largest financial marketplace.The open-access website of the Hong Kong Exchanges & Clearing Limited (HKEX) was subject to a distributed denial-of service attack (DDoS), where hackers overwhelmed the network with massive… Source link

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In drama-packed day in Hong Kong stock market, big gainers in Wednesday’s ‘olive branch’ surge fall while derivatives trading is suspended over ‘connectivity’

Those big gainers in Wednesday’s surge on a hopeful moment about quieting unrest in Hong Kong broadly fell on Thursday, with Sa Sa International plunging 7.9 per cent.The olive branch extended by city leader Carrie Lam – saying she would formally withdraw the radioactive bill that would have allowed extraditions to the mainland – fell far short of protesters’ demands. Violence broke out again at an MTR subway station, in which a station superviser was attacked by protesters and suffered… Source link

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Vietnam 

VN stocks fall, trading remains quiet amid risk concerns – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Building contractor Viglacera workers pile up tiles. The construction sector was among those that were weighed down by the market caution on Thursday. — Photo nhipcaudautu.vn HÀ NỘI — Vietnamese shares were mixed on Thursday morning while market trading liquidity was modest as investors were unwilling to open checks for buying in assets. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange inched up 0.15 per cent to close at 979.10 points. The VN-Index had dropped total 0.66 per cent in the previous two trading days. The HNX-Index on the…

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Hong Kong’s exchange suspends afternoon derivative transaction after reporting ‘connectivity issues’ with its trading system

Hong Kong Exchanges & Clearing Limited (HKEX), the operator of Asia’s third-largest capital market, suspended trading in the city’s derivatives market at 2pm local time, after reporting “connectivity issues” on its trading system.Trading in the “derivative market has been suspended at 2pm,” an exchange spokesman said. “HKEX is aware of some connectivity issues with the Hong Kong Futures Automatic Trading System. We are looking into the matter and will provide updates in due course.”Transactions… Source link

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Vietnam 

Becamex IDC to add more shares for UPCoM trading – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  The Vietnam-Singapore I Industrial Park, which is constructed by Becamex IDC. The company will trade additional one billion shares on the Unlisted Public Company Market (UPCoM). — Photo cafefbiz.vn HÀ NỘI — The Investment and Industrial Development Joint Stock Corporation (Becamex IDC) will trade an additional one billion shares on the Unlisted Public Company Market (UPCoM). The value of the extra shares is VNĐ10.1 trillion (US$434.3 million but the date for additional shares to be listed is not yet set, the Hà Nội Stock Exchange announced on Wednesday. The company is listing…

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Li & Fung sees more disruptions to global supply chains from US friction with trading partners, as its interim results miss estimates

Li & Fung, the world’s biggest supplier of consumer products, said ongoing adjustments in global supply chains could be disrupted by new spats between the United States and its trading partners, further complicating the commercial relations that have taken decades to build.“While the US-China tension has taken centre stage now, uncertainties also loom between the US andmultiple production countries, which may cause new disruptions in the future,” said the Hong Kong company’s chairman William… Source link

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Vietnam 

VN stocks on mixed notes while trading liquidity remains moderate – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  An investor watches stocks move on his computer screen. Vietnamese shares ended Wednesday morning on different paths while trading liquidity was still moderate. — Photo tinnhanhchungkhoan.vn HÀ NỘI —Vietnamese shares were mixed on Wednesday morning, with moderate trading liquidity being recorded on the two local exchanges. The benchmark VN-Index on the Hồ Chi Minh Stock Exchange gained 0.63 per cent to close at 990.89 points. On the Hà Nội Stock Exchange, the HNX-Index inched down 0.15 per cent to end at 102.82 points. Nearly 111 million shares were traded on the…

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Global 

Trade war and globalisation backlash pushing trading nations to the economic brink as recessions loom

Three years of full-blooded backlash against globalisation have pushed both Germany and Singapore to the brink of recession, highlighting the increasingly dire situation facing the world’s trading nations.Singapore, along with Hong Kong, has long been championed as Asia’s beacon of free commerce and relaxed business rules. On Friday, however, its non-oil exports for July were reported to have fallen by 11.2 per cent from a year earlier, better than the expected 15.3 per cent drop, but still a… Source link

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Vietnam 

VN shares buoyed late in trading – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Boxes of Sabeco beer are stacked for sale. The company’s shares gained 2.9 per cent on Thursday. — Photo nld.com.vn HÀ NỘI — Vietnamese shares finished Thursday higher as investors hunted for low-priced assets and global markets moved on hopes for the continuance of US-China trade talks. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange gained 1.08 per cent to close at 979.38 points, for a two-day increase totalling 1.30 per cent. The VN-Index fell as much as 1.36 per cent in the early stages of the day before…

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