Hong Kong stocks near 7-week low during first-ever typhoon trading session

Quick Summary:

Investors are awaiting a flurry of earnings cards from bellwether companies including JD.com and Alibaba.

Sentiment on Hong Kong and Chinese stocks took a beating after China fell short of introducing fiscal stimulus anticipated by the market, with the legislature only approving debt sales to fix the woes on local-government debts last week.

The alert was lowered at 10:20am on Thursday.

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Article Details

Author / Journalist: Zhang Shidong

Category: Business

Markets: Hong KongChina

Topics: Market Investors Cent Fell Hong Earnings Index Time Bellwether Flurry Cards

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-14 @ 10:20:41 (2 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 247 words

Reading Time: 2 minutes read

Sentences: 14 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 23578429

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Official Website: scmp.com

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