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Chinese shares tumbled to their lowest close in six weeks, after Beijing hit property developers with harsher-than-expected tightening measures to contain housing costs. » Read More |
Asian shares touched fresh 16-month highs on Friday as investors awaited U.S. nonfarm payrolls data due later in the day, with sentiment underpinned by signs that China's economy is stabilizing. » Read More |
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HONG KONG, May 9- Hong Kong and China shares were set to snap winning streaks on Thursday as Chinese inflation data came in slightly stronger than expected and after a move by the central bank to drain funds triggered a rotation out of recent outperformers.
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HONG KONG, May 3- Improving first-quarter results from some of China's biggest steel and cement firms suggest that Beijing's economic recovery plan may be starting to filter through into corporate profits.
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HONG KONG, April 23- China shares posted their worst daily loss in nearly a month on Tuesday, weighing on Hong Kong markets, after a weak preliminary survey of Chinese manufacturing activity in April stoked fears of sluggish economic growth in the second quarter.
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HONG KONG, April 23- Hong Kong shares posted their worst daily loss in a week on Tuesday, led by growth-sensitive sectors after a weak preliminary survey of China manufacturing activity in April stoked fears of sluggish growth in the second quarter.
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*China oil majors slide, gas price cuts loom. HONG KONG, April 23- China shares appeared headed for their worst day in nearly a month on Tuesday, weighing on Hong Kong markets, after a preliminary survey of manufacturing activity in April in the world's second-largest economy came in weaker than expected.
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*Great Wall Motor slides from Monday's record closing highs. HONG KONG, April 23- Hong Kong and China shares extended losses on Tuesday, led by cyclical sectors after a preliminary survey of manufacturing activity in April in the world's second-largest economy came in weaker than expected.
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HONG KONG, April 23- Hong Kong shares may start steady on Tuesday ahead of a private preliminary survey of April manufacturing activity in China that could provide fresh clues on the pace of recovery in the world's second-largest economy. The HSBC flash purchasing managers index for China is due to be released shortly after the market opens at 0145 GMT.
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HONG KONG, April 22- China shares fell from a one-month high on Monday and Hong Kong markets were sluggish, with Chinese insurers sliding on fears that payouts after Saturday's earthquake in southwestern Sichuan province could hit profits.
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HONG KONG, April 22- China shares fell from a one-month high on Monday and Hong Kong markets were sluggish, with Chinese insurers sliding on fears that payouts for Saturday's earthquake in Sichuan could hit profit margins.
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HONG KONG, April 22- Hong Kong shares could start slightly higher on Monday, tracking gains elsewhere in Asia as first-quarter earnings come into focus and investors remain wary of volatility in commodities markets. Elsewhere in Asia, Japan's Nikkei was up 2.1 percent while South Korea's KOSPI was 0.2 percent higher at 0039 GMT.
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*Jiangxi Copper, Zijin Mining cut losses as metal prices bounce. Hong Kong markets had a third-straight daily loss, but a bout of short covering in afternoon trade on the back of a rebound in gold and oil prices limited losses on the day. The China Enterprises Index of the leading Chinese listings in Hong Kong slipped 0.1 percent.
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HONG KONG, April 16- Hong Kong shares sank to a near five-month low on Tuesday, while mainland China markets lingered at their lowest since Christmas as a downward spiral for commodities counters extended into a fourth day for some.
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*Beta plays lifted by benign China March inflation data. HONG KONG, April 9- Hong Kong shares had their first gain in a week on Tuesday, led by growth-sensitive sectors as slower-than-expected inflation in China eased concerns about potential tightening moves in the world's second-largest economy.
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*Beta plays lifted by benign China March inflation data. HONG KONG, April 9- Hong Kong shares were headed for a first gain in four days on Tuesday as slower-than-expected inflation in China eased concerns about potential tightening moves in the world's second-largest economy. At midday, the CSI300 of the leading Shanghai and Shenzhen listings was up 0.6 percent.
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HONG KONG, April 9- Hong Kong shares were on track for their first gain in four days, while mainland China markets rebounded from Monday's four-month closing low after China inflation rose less than expected in March, easing concerns about potential near-term tightening moves from Beijing.
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HONG KONG, March 25- Hong Kong shares recovered some of last week's losses in thin Monday trade, as investors welcomed a Cyprus bailout deal Chinese oil majors posted relatively positive 2012 results. The China Enterprises Index of the top Chinese listings in Hong Kong climbed 0.8 percent.
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HONG KONG, March 25- Hong Kong shares could start the week higher on Monday, with Chinese retailers in focus as sector bellwethers such as Belle, GOME and Li Ning post their 2012 results.
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HONG KONG, March 22- Hong Kong shares were set to open weaker on Friday with turnover likely compressed by festering fears Cyprus may default on its debt, adding to losses on the week as investors focus on a series of corporate earnings.
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*China property weak after talk on strict curb-enforcement. HONG KONG, March 15- Hong Kong and China shares ended their worst week in three on a tepid note on Friday, dragged down by Chinese property developers after official media reported that new curbs on the housing market will be strictly enforced.
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The reversal of Tuesday's early gains by mainland markets put Hong Kong on the defensive. The China Enterprises Index of the top Chinese listings in Hong Kong fell 1.3 percent. Trading volume in Shanghai jumped nearly 40 percent from Monday's 2013 low, while Hong Kong turnover rose almost 20 percent.