Hang Seng Ends 0.2% Lower

 

PT Rifan Financindo Berjangka - The Hang Seng fell 49 points, or 0.24%, to close at 20,041 on Monday, following a lackluster performance in the previous session. Losses were led by the technology, property and consumer discretionary sectors as traders remained cautious ahead of China’s official PMI data for December, due for release on Tuesday. China’s economic recovery remained uneven in November, with factory activity expanding for a second month while the services sector stagnated.

Meanwhile, U.S. futures plunged as Wall Street prepared for the final trading week of 2024, amid rising U.S. Treasury yields and concerns over the potential for more limited interest rate cuts in 2025. Limiting further declines were remarks by PBOC Governor Pan Gongsheng, who noted that the weighted average RRR for Chinese banks was around 6.6% after recent RRR cuts, leaving “some room” compared with central banks in major economies. The most prominent were Sands China (-5.3%), Trip.Com (-3.8%), Lenovo Group (-3.4%), Geely Auto (-2.3%), and Li Auto (-1.9%). PT Rifan Financindo Berjangka.

Source: Trading Economics

Hang Seng Rises Near 2% This Week

 

PT Rifan Financindo Berjangka - The Hang Seng Index closed almost flat at 20,096 on Friday (12/27) after rising in the previous two sessions, with gains in the technology, property and consumer discretionary sectors offsetting losses in the financial sector. Traders digested a report that the World Bank raised its forecast for China’s economic growth to 4.9% in 2024 and 4.5% in 2025 but warned of challenges such as weak demand, weak consumer sentiment and high local government debt.

Meanwhile, the latest data showed that China’s industrial profits fell 4.7% year-on-year in the first 11 months of this year, sharply higher than the 4.3% decline in the previous period, due to a decline in profits from both public and private companies. Separately, China revised its 2023 GDP down by 2.7% to CNY129.4 trillion, without providing details. On Wall Street, trading was subdued on Thursday due to the holiday mood. Still, the index rose 1.9% on the week, boosted by expectations of strong fiscal spending in China in 2025. Lenovo Group (9.2%) and Li Auto (6.0%) rose, while Nongfu Spring (-4.0%) and Haidilao Intl. (-3.4%) fell. PT Rifan Financindo Berjangka.

Source: Trading Economics

Hang Seng Rises 0.8% at Finish

 

PT Rifan Financindo Berjangka - The Hang Seng climbed 162 points or 0.8% to close at 19,883 on Monday, halting a two-session decline with gains across all sectors. Investors increased their positions amid a jump in US futures, as mild US inflation in November reignited bets of a Fed rate cut next year.

At home, Hong Kong's annual inflation held steady at 1.4% for the second month, with the government anticipating manageable cost pressures in the near term. Meanwhile, mainland investors reportedly added their exposure to risk assets in the city via the stock connect.

Financials surged near 2%, tracking their mainland counterparts, as dividend plays gained favor amid falling bond yields. Gains were limited by holiday weekend caution ahead of the PBoC's upcoming decision on the one-year medium-term lending facility Tuesday after two months of keeping it unchanged at 2%. Notable big-cap gainers included Orient Overseas (6.2%), ENN Energy Holdings (2.8%), Semiconductor Manufacturing (2.8%), and Hang Seng Bank (2.5%). PT Rifan Financindo Berjangka.

Source : Trading Economic

Hong Kong Shares Close Higher on Half-Day Holiday

 

PT Rifan Financindo Berjangka - Hong Kong shares ended a half-day holiday session higher on Tuesday, Dec. 24, boosted by mainland buying and optimism about further economic support measures.

The Hang Seng Index jumped 1.08%, or 215.16 points, to close at 20,098.29. The Hang Seng China Enterprises Index gained 1.25%, or 90.07 points, to 7,303.92.

Mainland Chinese investors continued their buying spree in Hong Kong shares for the sixth straight day, with net inflows of HK$5.23 billion on Tuesday, according to Bloomberg data. Their net investment this year has hit a record HK$786 billion.

“China’s economy is recovering slowly, so there will be more policy support from the government next year,” Zheshang International analyst Shen Fanchao was quoted as saying by the South China Morning Post.

Hong Kong financial markets will be closed tomorrow and the day after for the Christmas holiday and will reopen on Friday, December 27.

In corporate news, Hong Kong shares of Cosco Shipping (HKG:1919, SHA:601919) closed nearly 4% higher after its Cosco Shipping Lines unit agreed to buy a 12% stake in Cosco Shipping Logistics and Supply Chain Management. PT Rifan Financindo Berjangka.

Source: Bloomberg

Hang Seng Rises 0.8% at Finish

 

PT Rifan Financindo Berjangka - The Hang Seng climbed 162 points or 0.8% to close at 19,883 on Monday, halting a two-session decline with gains across all sectors. Investors increased their positions amid a jump in US futures, as mild US inflation in November reignited bets of a Fed rate cut next year.

At home, Hong Kong's annual inflation held steady at 1.4% for the second month, with the government anticipating manageable cost pressures in the near term. Meanwhile, mainland investors reportedly added their exposure to risk assets in the city via the stock connect.

Financials surged near 2%, tracking their mainland counterparts, as dividend plays gained favor amid falling bond yields. Gains were limited by holiday weekend caution ahead of the PBoC's upcoming decision on the one-year medium-term lending facility Tuesday after two months of keeping it unchanged at 2%. Notable big-cap gainers included Orient Overseas (6.2%), ENN Energy Holdings (2.8%), Semiconductor Manufacturing (2.8%), and Hang Seng Bank (2.5%). PT Rifan Financindo Berjangka.

Source : Trading Economic

Hang Seng Falls 1.3% Weekly

 

PT Rifan Financindo Berjangka - The Hang Seng fell 32 points or 0.2% to end at 19,721, reversing gains from earlier deals as most sectors retreated. Markets ended in the red for the second session, down by 1.3% for the week which was the first decline in four amid a sharp pullback in US futures ahead of the Fed’s preferred inflation data later today.

Cautious investors continued to assess the potential impact of fewer rate reductions in the US next year, following three cuts this year. In the mainland, the PBoC maintained its key lending rates at record lows, in line with market consensus.

Some biggest laggards included Kuaishou Tech (-5.4%), KE Holdings (-3.2%), Want Want China Holdings (-3.0%), and Innovent Biologics (-2.2%). In contrast, Semiconductor Manufacturing surged over 8%, after the US asked Nvidia to investigate how its products ended up in China over the past year. Tencent Holdings Ltd. climbed 2.7%, after launching a new gifting feature on its WeChat platform. PT Rifan Financindo Berjangka.

Source : Trading Economics

Hang Seng Cuts Losses in Late Trading

 

PT Rifan Financindo Berjangka - The Hang Seng Index fell 112 points, or 0.6%, to close at 19,753 on Thursday after an upbeat session the previous day, dragged down by broad-based declines across sectors. Investors held off on entering fresh positions after the U.S. Fed cut borrowing costs for the third time this year but warned it would slow the pace of interest rate cuts next year. Meanwhile, traders cautiously awaited China’s key monthly lending rate decision on Friday after hitting a record low in November.

The market pared early losses, on a report that battery maker CATL is considering a second listing in Hong Kong to raise $5 billion, potentially the city’s biggest public offering since early 2021. Separately, meaningful fiscal measures by 2025 from Beijing are expected to help the Chinese economy. Sunac China Hlds. dropped 2.5%, as the property builder began arbitration proceedings against Wanda Group. Other decliners included WH Group Ltd. (-3.8%), Trip.com (-3.1%), Henderson Land Dev. (-2.9%), and MTR Corp. (-2.6%). PT Rifan Financindo Berjangka.

Source: Trading Economics

Hang Seng Up 0.9% at Close

 

PT Rifan Financindo Berjangka - The Hang Seng rose 164 points, or 0.9%, to close at 19,865 on Wednesday, snapping a three-session slide. The rally was driven by a significant increase in U.S. interest rate futures as investors anticipated a 25bps rate cut by the Fed later in the day and its outlook for a reduction in 2025. The index rebounded from its lowest level in more than a week amid indications that China will boost fiscal spending in 2025 by raising its budget deficit to a record 4% of GDP, up from 3% this year.

Meanwhile, Chinese regulators have asked state-owned companies to boost their market value through measures such as mergers, acquisitions and share buybacks.

In addition, China’s central bank vowed to have zero tolerance for “bad behavior” in the bond market as it surveyed bank bond investment activity.

All sectors posted gains, with technology and consumer staples among the biggest movers. Companies that recorded significant increases included Li Auto (5.3%), China Resources Gas Group (4.5%), Geely Auto (4.1%), and Semicon Manufacturing (2.0%). PT Rifan Financindo Berjangka.

Source: Trading Economics

Hang Seng Index Falls 0.6%; Meituan Leads Decline

 

PT Rifan Financindo Berjangka - The Hang Seng Index opened 0.6% lower, dropping 121.75 to 19,673.74, as stocks lose for the third straight day in Hong Kong.

Meituan contributed the most to the index decline, decreasing 1.8%. China Resources Beer Holdings Co. had the largest drop, falling 3.5%.

In early trading, 66 of 83 shares fell, while 13 rose; all sectors were lower, led by commerce and industry stocks. PT Rifan Financindo Berjangka.

Source : Bloomberg

Hang Seng Index Falls 0.9%

 

PT Rifan Financindo Berjangka - The Hang Seng Index fell for the second day, dropping 0.9%, or 175.75 to 19,795.49 in Hong Kong. The index dropped to the lowest closing level since Dec. 5.

Xiaomi Corp. contributed the most to the index decline, decreasing 3.2%. Longfor Group Holdings Ltd. had the largest drop, falling 4.9%.

Today, 60 of 83 shares fell, while 21 rose; 3 of 4 sectors were lower, led by commerce and industry stocks. PT Rifan Financindo Berjangka.

Source: Bloomberg

Hang Seng Down But Posts Third Straight Weekly Gain

 

PT Rifan Financindo Berjangka - The Hang Seng plunged 426 points, or 2.1%, to close at 19,971 on Friday after a strong session the previous day, weighed down by big declines across sectors. Investors were disappointed after China’s Central Economic Work Conference ended without providing specific policy details on fiscal stimulus, although top leaders pledged to spur consumption.

Traders were also cautious ahead of next week’s FOMC meeting, with some experts warning that a recent pick-up in U.S. inflation could delay or alter plans for a rate cut next year. In China, November activity data including industrial output and retail trade are due next week.

However, the index rose 0.5% for the week, posting a third straight gain following moves by major Chinese cities such as Shanghai and Beijing to roll out new voucher schemes ahead of the holiday season. Some of the biggest losers today included Longfor Group (-7.5%), Geely Auto (-5.6%), Li Auto (-4.9%), China Hongqiao Group (-4.2%), and Trip.Com (-3.3%).  PT Rifan Financindo Berjangka.

Source: Trading Economics

Hang Seng Up 1.2% at Close

 

PT Rifan Financindo Berjangka - The Hang Seng jumped 242 points, or 1.2%, to close at 20,397 on Thursday, reversing losses in the previous two sessions amid expectations of strong policy support measures from China’s ongoing annual Central Economic Work Conference. Earlier this week, the Politburo recommended a “moderately loose” monetary policy to support the sluggish economy, though it did not provide details.

However, a significant drop in U.S. futures capped further gains, following a record close on Wall Street’s Nasdaq on Wednesday, as U.S. inflation matched expectations ahead of next week’s FOMC meeting. While all sectors posted gains, supported by continued gains in Chinese markets, the tech index jumped 1.5% following a report that Nvidia Corp. is ramping up hiring in mainland China this year to boost its research capabilities and focus on AI-powered cars. Stocks linked to consumption surged, including China Resources Beer (5.3%), Budweiser Brewing (4.6%), Trip.com (4.5%), and Haidilao Intl. (3.9%). PT Rifan Financindo Berjangka.

Source: Trading Economics

Hang Seng Turns Early Gains to Finish Lower

PT Rifan Financindo Berjangka - The Hang Seng lost 156 points or 0.8% to end at 20,155 on Wednesday, shifting from gains in the morning session after the Asian Development Bank lowered its GDP growth forecasts for Hong Kong this year and the next, citing a slowdown in private consumption, fixed investment, and exports.

The city's GDP growth for 2024 was cut to 2.5% from an earlier estimate of 2.8%, while growth is expected to slow to 2.3% from 3.0% in 2025. Cautious traders braced for the result of a key policy meeting in China after a pledge from the Politburo to support the economy on Monday lacked detailed measures.

On Wall Street, shares closed lower Tuesday, with US-listed shares of Chinese firms down over 4% after China opened a probe into potential antimonopoly law violations by chipmaker Nvidia Corp. All sectors finished in the red, with deep losses from big caps such as Tongcheng Travel Hlds. (-4.2%), Techtronic Inds. (-3.6%), Meituan (-2.6%), Sun Hung Kai Properties (-2.5%), and Henderson Land Dev. (-2.4%). PT Rifan Financindo Berjangka.

Source : CNBC

Hang Seng Ends Lower After Morning Rally

 

PT Rifan Financindo Berjangka - The Hang Seng fell 103 points or 0.5% to close at 20,311 on Tuesday, reversing a surge in the morning session amid profit-taking after the index hit its highest in a month following Monday's pledge from the Chinese Politburo to ramp up stimulus next year.

Markets ended lower for the first session in three after fresh data showed Chinese export growth slowed sharply in November while imports shrank further. A drop on Wall Street Monday after a series of record highs also rattled sentiment ahead of key US inflation data later this week.

In business news, China opened a probe into suspicions that US chipmaker Nvidia Co. broke anti-monopoly laws in a 2020 deal. Traders now shift focus to the annual Central Economic Work Conference due to start Wednesday. Most sectors dipped, with tech, and property among top losers. SenseTime Group sank 13.0% as it moved away from its traditional AI products. Other steep losses were Smoore Intl. (-4.3%), Wuxi Biologics (-3.7%), and BYD Electronic (-3.7%). PT Rifan Financindo Berjangka.

Source : Trading Economics

Stocks in Hong Kong Hit 4-week High

PT Rifan Financindo Berjangka - Hong Kong's shares were almost flat in the Monday morning session, trading around 19,868 following a rally in the previous session, with investors responding to China's CPI and PPI data. Consumer prices in the mainland rose by 0.2% yoy in November, missing consensus of 0.5% while marking the softest increase in five months. At the same time, producer prices fell by 2.5%, pointing to the 26th month of drop despite softening from October's print of a 2.9% fall.

On local data, forex reserves in the city notched a nine-month peak of USD 425 billion last month. Market participants monitored China's key policy gatherings this week, including the Central Economic Working Conference and Politburo meeting, looking for signs of fresh stimulus. In the US, Donald Trump told NBC on Sunday that he has no plans to replace Fed Chair Powell once he returns to the White House. Wuxi Biologics (9.0%) and BYD Electronic (8.5%) surged while Miniso Group and China Mengniu Dairy slipped by 3.6% and 2.7%, respectively. PT Rifan Financindo Berjangka.

Source: Trading Economics

Hong Kong Stock Exchange

PT Rifan Financindo Berjangka - Equities in Hong Kong surged 233 points or 1.2% to 19,789 in early trade on Friday, bouncing back from a weak session the prior day amid optimism that China’s central bank will deliver more monetary easing next year to bolster growth and combat deflation. Goldman Sachs and Morgan Stanley forecast reductions of 40bps to the PBoC’s main policy rate in 2025, the largest interest rate cut in a decade. The Hang Seng is on track for its second straight weekly gain, up nearly 2% so far, buoyed by hopes of positive outcomes from the upcoming central economic working forum and Politburo meeting in China.

However, further gains were tempered by a pullback in US futures, ahead of the monthly US jobs report later today. Meantime, some traders adopted a cautious stance before key Chinese data next week, including CPI, PPI, and trade figures. Among the top early movers were Giant Biogene Holdings (7.3%), Prada Spa (5.2%), Wuxi Biologics (4.3%), China Longyuan Power (3.4%), and Kunlun Energy (3.0%).(Cay) PT Rifan Financindo Berjangka.

Source: Trading Economi

 

Hang Seng finished a trading session with little movement

 

PT Rifan Financindo Berjangka - Hang Seng finished a trading session with little movement on Wednesday, closing around 19,742 following gains in the previous three sessions. Traders digested private survey data revealing an unexpected slowdown in China's services activity last month, despite a series of support measures from Beijing since September. In Hong Kong, private sector activity grew for the second straight month, although at a slower pace.

Market participants cautiously watched political developments in South Korea, where a brief declaration of martial law led to the opposition pushing for the impeachment of President Yoon Suk Yeol.

On the trade front, Beijing announced a ban on rare earth exports to the US in the wake of Washington’s latest crackdown on Chinese chip sector. In the US, Fed Chair Powell will be speaking in New York later today, with monthly jobs data due on Friday. Miniso Group (4.6%) and Trip.Com (2.5%) posted strong gains while Akeso Inc. (-6.4%) and GCL Tech Hlds. (-4.8%) retreated.(Cay) PT Rifan Financindo Berjangka.

Source: Trading Economi

Hong Kong Stocks Rise for 4th Session

 

PT Rifan Financindo Berjangka - Hong Kong stocks rose 29 points, or 0.2%, to 19,781 in early trade on Wednesday, rising for a fourth session amid a sharp rise in U.S. stock futures after Wall Street hit another record high overnight, ahead of upcoming monthly U.S. jobs data and a speech by Fed Chair Powell.

Meanwhile, private survey data showed China’s services sector expanded for a 23rd straight month in November, although the pace of growth slowed from a three-month peak in October.

Consumer and technology stocks were mostly higher, following remarks from China’s central bank that it will adopt supportive policies next year and ease financing costs for businesses and households. PT Rifan Financindo Berjangka.

Source: Trading Economics

Hang Seng Index Rises 1%; Led by Finance Sector

 

PT Rifan Financindo Berjangka - The Hang Seng Index rose for the third day, climbing 1%, or 196.03 to 19,746.32 in Hong Kong. The index advanced to the highest closing level since Nov. 13.

Today, finance stocks led the market higher, as all sectors gained; 66 of 82 shares rose, while 15 fell.

China Construction Bank Corp. contributed the most to the index gain, increasing 2.0%. Wuxi Biologics Cayman Inc. had the largest increase, rising 7.9%. PT Rifan Financindo Berjangka.

Source: Bloomberg

Indeks HangSeng rose 127 points or 0.65% to close at 19,550 on Monday,

 

PT Rifan Financindo Berjangka - The Hang Seng rose 127 points or 0.65% to close at 19,550 on Monday, marking gains for the second session amid strength across sectors. Upbeat manufacturing data from China, provided by both officials and a private survey, boosted sentiment as stimulus measures initiated in September began to take effect.

Meanwhile, bets increased that the PBoC might roll out more policy easing, potentially including further reductions in the RRR and injecting more liquidity into the markets. Locally, Hong Kong's retail sales fell the least in eight months for October, with a government spokesperson saying China's recent stimulus helped support consumption sentiment and economic activities in the city.

However, further gains were capped by a notable drop in US futures after a winning week and month on Wall Street in the wake of Donald Trump's victory. Some top performers of the day included Miniso Group (17.7%), BYD Electronic (10.9%), Nongfu Spring (8.0%), Prada Spa (5.2%), and Wuxi Biologics (3.5%).(Cay) PT Rifan Financindo Berjangka.

Source: Trading Economi

Hang Seng Rises But Closes Month with Steep Losses

 

PT Rifan Financindo Berjangka - The Hang Seng rose 57 points or 0.3% to finish at 19,424 on Friday after tumbling in the prior session, helped by gains in all sectors. The tech index led the rise amid potentially softer-than-expected US curbs on chip equipment sales to China. Financials and consumers also advanced, as China would ease visa restrictions for Shenzhen residents visiting Hong Kong from Dec.

In the US, Wall Street will resume trading after Thursday's holiday. For the month, however, markets logged their second straight decline, down by 4.4%, burdened by increased concerns over the impact of persistent trade disputes between Beijing and Washington. At the same time, it remains unclear whether China will roll out new measures to spur economic recovery, with the year drawing to a close. Some traders cautiously prepared for November PMI data from Chinese officials, set to be published on Saturday. Among the top movers of the day included Galaxy Ent. (4.4%), Semicon Manufacturing (4.0%), and Li Auto (3.8%). PT Rifan Financindo Berjangka.

Source: Trading Economics

Hang Seng Dips 1.2% at Close

 

PT Rifan Financindo Berjangka - The Hang Seng tumbled 236 points or 1.2% to end at 19,367 on Thursday, marking the first decline in three sessions amid escalating trade disputes between China and the US.

The Biden administration reportedly may introduce fresh curbs on sales of semiconductor equipment and AI memory chips to China next week. Meanwhile, US President-elect Trump's trade policies and their potential impacts remain uncertain, with China's state media warning of possibly severe repercussions.

In business news, media reports said BYD Co. and other Chinese automakers urged suppliers to cut prices, signaling heightened price competition.

Limiting further drops were hopes of significant support measures from Beijing for this year and next to mitigate global headwinds and stimulate economic growth.

Losses were broad-based, with consumers, tech, and property among the top losers. Some lagging stocks included Giant Biogene Hlds. (-6.5%), Akeso Inc. (-5.4%), H World Group (-4.2%), and China Resources Beer (-4.1%). PT Rifan Financindo Berjangka.

Source: Trading Economics

Hang Seng Surge Over 2% at Finish

 

PT Rifan Financindo Berjangka - The Hang Seng soared 444 points or 2.3% to close at 19,603 on Wednesday, gaining for the second day amid mounting optimism about potential supportive policies from China to counter tariff risks.

Traders showed increased confidence that the PBoC may further cut RRR in December to spur economic recovery in China, after two reductions totaling 100bps in September and February.

A positive lead from Wall Street Tuesday also enhanced risk appetite, ahead of the US PCE index and indications of further interest rate cuts as Fed officials seemed comfortable with the pace of inflation.

Meanwhile, industrial profits in the mainland fell 10.0% yoy in October, much slower than the prior 27.1% plunge. Investors now anticipate official PMI data in China, set to be released over the weekend.

Gains were broad-based, with robust performance from all sectors. Meituan jumped (7.6%), followed by Chow Tai Fook Jewellery (6.1%), Techtronic Inds. (5.2%), Semicon Manufacturing (3.9%), and Xiaomi Corp. (3.7%). PT Rifan Financindo Berjangka.

Source: Trading Economics

Hang Seng Muted at Finish

 

PT Rifan Financindo Berjangka - The Hang Seng ended nearly flat at around 19,159 on Tuesday following weakness in the prior three sessions, with gains in property and financials offsetting losses in tech and consumers.

Investors parsed reports that US President-elect Donald Trump plans to impose an additional 10% tariff on all Chinese goods entering the US. Meanwhile, Chinese Embassy officials in the US warned that a trade war between the two countries would have no winners. On economic data, October trade figures in Hong Kong are due later today, after exports and imports hit a two-year high in September.

On the monetary front, the PBoC could cut commercial bank's RRR in December to boost the Chinese economy, following two reductions in September and February, totaling 100 bps. Governor Pan Gongsheng indicated this potential move in October.

Among large-cap stocks, Alibaba Health and Cathay Pacific Airways rose 3.1% and 2.3%, respectively, while Xiaomi Corp. (-4.2%) and Kingsoft Corp. (-3.8%) saw notable declines. PT Rifan Financindo Berjangka.

Source : Trading Economics

Hang Seng Retreats for 3rd Session

 

PT Rifan Financindo Berjangka - The Hang Seng fell 79 points, or 0.4%, to close at 19,151 on Monday, marking its third session of declines and holding at a two-month low amid losses across most sectors. Traders remained reluctant to enter fresh positions as markets in China extended their decline to a three-week low, with the Biden administration set to announce new export curbs on China this week.

The new regulations could add up to 200 Chinese chip companies to the list of trade restrictions. Meanwhile, concerns about a weak recovery in China resurfaced ahead of official PMI and industrial earnings data this week. Capping the bearish mood was a report that China and Germany were close to reaching a solution on tariffs on Chinese EV imports into the bloc. Meanwhile, U.S. futures rose, with investors expecting Trump’s pick for Treasury Secretary, Scott Bessent, to focus on economic and market stability. Among the big-cap losers were KE Holdings (-5.6%), Meituan (-2.7%), Sands China (-2.6%), and Tencent Hlds. (-1.5%). PT Rifan Financindo Berjangka.

Source: Trading Economics

Hong Kong Shares Fall But Heads for Gains Weekly

 

PT Rifan Financindo Berjangka - The stock market in Hong Kong slipped 74 points or 0.4% to 19,527 in early deals on Friday, marking the second session of decline amid losses in most sectors, notably property and financials.

Still, the Hang Seng is on track to end the week on an upbeat note, with a gain of around 0.5% so far, following a steep drop in the prior period, supported by hopes for significant fiscal measures in China next year as Beijing seeks to mitigate the potential impact of US tariff hikes under the second Trump administration. PT Rifan Financindo Berjangka.

Source: Trading Economics

Hang Seng Ends 0.5% Lower

 

PT Rifan Financindo Berjangka - The Hang Seng fell by 104 points or 0.5% to close at 19,601 on Thursday after a slight gain in the previous session, dragged by a modest drop in US futures following Nvidia's earnings forecast which fell short of some investors' high expectations.

Meantime, Goldman Sachs analysts noted a clear shift in the macro environment post-US election, with a stronger dollar posing headwinds for Asian equities.

Still, losses were mitigated by hopes that Beijing might adopt stronger fiscal policies next year to counter the impact of Trump's tariffs on Chinese exports. All sectors declined, with tech and property among the top losers.

Kuaishou Tech tumbled 1.8% due to concerns about future profit growth, while Alibaba Pictures slipped 8.4% on lower profits in H1 of 2024. Other major losers included Yadea Group (-5.2%), Chow Tai Fook Jewellery (-4.2%), and KE Holdings (-2.8%). Traders now await Hong Kong's inflation data, due later today, after the September figure reached a three-month low of 2.2%. PT Rifan Financindo Berjangka.

Source: Trading Economics

Hang Seng Reversing Early Losses, Ending Higher

PT Rifan Financindo Berjangka - The Hang Seng rose 41 points, or 0.2%, to close at 19,705 on Wednesday, reversing an early decline and ending in the green for a third day amid gains across most sectors, led by property and technology.

Sentiment improved after China’s central bank kept its main lending rate at a record low during its monthly setting, following rate cuts in October and July.

In addition, U.S. futures were significantly higher as traders anticipated Nvidia earnings, upcoming speeches by Fed officials and Donald Trump’s political appointments, particularly for Treasury Secretary.

Capping the gains was data from Bloomberg News that 35 Hong Kong-listed companies have reported quarterly results, with average earnings up 0.1% from a year earlier, compared with a 7.3% increase in the previous quarter.

Among the gainers were pharmaceutical stocks, including Innovent Biologics (7.7%), Sino Biopharmaceutical (4.3%), and Hansoh Pharmaceutical (4.2%). Other companies that also recorded significant increases were Akeso Inc. (7.9%) and Smoore Holdings (6.4%). PT Rifan Financindo Berjangka.

Source: Trading Economics

Hang Seng Ends 0.4% Higher Amid Upbeat Wall Street Sentiment

 

PT Rifan Financindo Berjangka - The Hang Seng rose 87 points, or 0.4%, to close at 19,664 on Tuesday (11/19), marking its second session of gains amid positive sentiment from Wall Street on Monday, with lower U.S. Treasury yields boosting the appeal of equities. Meanwhile, Chinese Vice President He Lifeng highlighted the increasing certainty in Hong Kong’s economic growth, as Beijing commits to strengthening the city’s competitiveness, especially in its financial industry to attract more foreign investment.

The gains were broad-based, led by the technology and consumer sectors. However, the gains were capped by caution ahead of the PBoC’s monthly review of its key lending rate. While the central bank is expected to keep its benchmark lending rate at a record low, some traders and analysts are uncertain whether the PBoC will cut the RRR further before the end of the year to help the ailing economy. Trip.Com jumped 5.7% on quarterly earnings that beat expectations. Significant gains were also seen in Smoore Hlds. (7.6%), BYD Electronic (6.7%), Sunny Optical Tech. (3.5%), and Semicon Manufacturing (3.0%). PT Rifan Financindo Berjangka.

 

Source: Trading Economics

Hang Seng Pares Gains at Finish

 

PT Rifan Financindo Berjangka - The Hang Seng rose 150 points or 0.8% to close at 19,577 on Monday, breaking a six-session of losses after China urged listed companies to lift share prices through mergers and acquisitions, employee stock schemes, cash dividends, and share buybacks. However, the index trimmed early rises following Morgan Stanley's downgrade of Hong Kong shares to "underweight" from "market weight". Most sectors advanced, notably financials, consumers, and tech.

Geely Auto jumped 4.4% after Jefferies kept a "buy" rating, citing restructuring efforts to improve efficiencies. Some traders were cautious ahead of China's key lending rate fix after the PBoC kept rates at record lows last month. In the US, some Fed officials are set to speak this week, amid bets they will adopt a cautious tone on rapid rate cuts. Smoore Intl. jumped (4.8%), as did JD Logistics (4.7%), and Want Want China (3.1%). In contrast, Alibaba Group fell 1%, on plans to sell dollar and yuan bonds to pay back debt and buy back shares. PT Rifan Financindo Berjangka.

Source: Trading Economics

Hang Seng Dips 6.3% Weekly

 

PT Rifan Financindo Berjangka - The Hang Seng ended nearly flat at 19,426 on Friday, following a five-day losing streak. Gains in tech and consumer sectors balanced out losses in property and financial stocks, as traders digested mixed economic data from China. In October, industrial output in the country grew less than expected, but retail sales saw their fastest rise since February. Meantime, China's statistics agency warned of domestic and global challenges, attributing growth in some key indicators to the swift implementation of existing policies and recent new support measures.

For the week, the index sank 6.3%, burdened by downside risks to corporate earnings and tensions with the West, notably the US. Meantime, the direction of US monetary easing remains uncertain. Among individual stocks, Pop Mart Intl. surged 5.2%, while Alibaba Health dropped 5.5%. In the EV sector, Xiaomi Corp. rose 0.7% on signs of strong deliveries in October and November, whereas Geely Auto plunged 4.5% due to a major internal shake-up. PT Rifan Financindo Berjangka.

Source: Trading Economics

Hang Seng Down at Close

 

PT Rifan Financindo Berjangka - The Hang Seng plunged 388 points, or 2.0%, to close at 19,436 on Wednesday, marking its fifth session of declines and hitting a seven-week low amid sharp declines across all sectors. It was the first time the Hang Seng remained fully open despite the bad weather, with many participants reluctant to enter any trades. Traders shrugged off China’s latest efforts to reverse a property slump through tax incentives on home and land transactions.

Concerns about Sino-U.S. tensions also grew as China could tighten exports of rare earth minerals. The technology index slumped about 3%, taking its losses from an October high to 20%, with JD.com and Xiaomi Corp among the top contributors, reflecting rising geopolitical risks and caution over earnings. Capping the decline was a slight rise in U.S. futures after inflation data matched expectations. Longfor Group plunged 7.4%, followed by China Resources Land (-4.2%), China Overseas Land (-3.5%), and Semicon Manufacturing (-2.4%). PT Rifan Financindo Berjangka.

Source: Trading Economics

Hang Seng Finishes Slightly Lower

 

PT Rifan Financindo Berjangka - The Hang Seng fell 23 points or 0.12% to end at 19,823 on Wednesday, closing in the red for the fourth session amid a sharp drop in US futures as concerns built that US President-elect Donald Trump's planned policies might fuel inflation and slow the pace of interest rate cuts.

Markets hovered around their lowest in six weeks, dragged by the potential appointment of China hawks to key US cabinet positions, which could lead to a tougher stance on trade and tariffs against Beijing. Property and financials mainly retreated, with investors staying vigilant ahead of key US inflation data and upcoming Chinese activity readings. Still, losses were capped by reports that China may cut taxes on home buying by the end of this year.

Meantime, positive outcomes are expected from the Chinese central government's work forum and a Politburo meeting in December. Smoore Intl. Ltd. sank near 6.6%, alongside Akeso Inc. (-3.8%), Wuxi Biologics (-3.0%), Haidilao Intl. Hlds. (-2.7%), and Geely Auto (-2.1%). PT Rifan Financindo Berjangka.

Source : Trading Economics

Hangseng Melemah 580 Poin

 

PT Rifan Financindo Berjangka - Hang Seng jatuh 580 poin atau 2,8% hingga ditutup pada 19.847 pada hari Selasa, memperpanjang kerugian dari sesi sebelumnya dan mencapai titik terendah dalam 6 minggu setelah data kredit di Tiongkok untuk bulan Oktober turun ke jumlah terendah dalam 15 tahun. Pedagang juga gelisah karena Donald Trump siap memilih dua orang dengan rekam jejak mengkritik Tiongkok untuk posisi kunci dalam pemerintahan barunya.

Kerugian bersifat luas, di tengah penurunan yang nyata dalam kontrak berjangka AS, karena kecemasan tentang tarif Trump dan defisit anggaran. Yang membatasi kemerosotan adalah berita dari Bloomberg bahwa Tiongkok berusaha untuk memotong pajak pembelian rumah. Sementara itu, beberapa pedagang mengantisipasi hasil positif dari konferensi kerja pemerintah pusat dan pertemuan Politbiro di Tiongkok bulan depan setelah sesi legislatif minggu lalu gagal meningkatkan permintaan domestik dan meredakan risiko deflasi.

Penurunan besar datang dari saham-saham berkapitalisasi besar seperti China Hongqiao Group (-9,1%), Semicon Manufacturing (-8,1%), Miniso Group (-7,6%), Meituan (-5,5%), dan Zhongjin Mining Inds. (-5,0%).(Cay) PT Rifan Financindo Berjangka.

Sumber : Trading Economi

Hang Seng Turun 2,8% Saat Penutupan

 

PT Rifan Financindo Berjangka - Indeks Hang Seng jatuh 580 poin atau 2,8% hingga ditutup pada level 19.847 pada hari Selasa(12/11), memperpanjang kerugian dari sesi sebelumnya dan mencapai level terendah dalam 6 minggu setelah data kredit di Tiongkok untuk bulan Oktober turun ke level terendah dalam 15 tahun. Para pedagang juga merasa gugup karena Donald Trump siap memilih dua orang dengan rekam jejak mengkritik Tiongkok untuk posisi kunci dalam pemerintahan barunya. Kerugian terjadi secara luas, di tengah penurunan yang signifikan pada kontrak berjangka AS, karena kecemasan tentang tarif Trump dan defisit anggaran.

Yang membatasi kemerosotan adalah berita dari Bloomberg bahwa Tiongkok berusaha untuk memangkas pajak pembelian rumah. Sementara itu, beberapa pedagang mengantisipasi hasil positif dari konferensi kerja pemerintah pusat dan pertemuan Politbiro di Tiongkok bulan depan setelah sesi legislatif minggu lalu gagal meningkatkan permintaan domestik dan meredakan risiko deflasi. Penurunan tajam terjadi pada saham-saham berkapitalisasi besar seperti China Hongqiao Group (-9,1%), Semicon Manufacturing (-8,1%), Miniso Group (-7,6%), Meituan (-5,5%), dan Zhongjin Mining Inds. (-5,0%). PT Rifan Financindo Berjangka.

Sumber: Trading Economics

Hang Seng Index Falls 1.1%; Meituan Leads Decline

PT Rifan Financindo Berjangka - The Hang Seng Index fell 1.1% at 20,728.19 in Hong Kong. The move follows the previous session's increase of 2%.

Meituan contributed the most to the index decline, decreasing 4.1%. Longfor Group Holdings Ltd. had the largest drop, falling 5.8%.

Today, 59 of 82 shares fell, while 22 rose; all sectors were lower, led by commerce and industry stocks. PT Rifan Financindo Berjangka.

Source : Bloomberg

 

Indeks Hang Seng Naik 2%; Meituan Memimpin Kenaikan

 

PT Rifan Financindo Berjangka - Indeks Hang Seng naik 2% pada level 20.953,34 pada hari Rabu (7/11) di Hong Kong. Pergerakan ini mengikuti penurunan sesi sebelumnya sebesar 2,2%.

Meituan memberikan kontribusi terbesar terhadap kenaikan indeks, naik 5,6%. Haidilao International Holding Ltd. mengalami kenaikan terbesar, naik 9,3%.

Hari ini, 65 dari 82 saham naik, sementara 16 saham turun; semua sektor naik, dipimpin oleh saham perdagangan dan industri.(mrv) PT Rifan Financindo Berjangka.

Sumber: Bloomberg

Indeks Hang Seng Jatuh2,2%; Alibaba Pimpin Penurunan

 

PT Rifan Financindo Berjangka - Indeks Hang Seng turun 2,2% ke level 20.538,38 di Hong Kong pada Rabu (6/11). Penurunan ini merupakan yang terbesar sejak turun 3,7% pada 15 Oktober dan mengikuti kenaikan sesi sebelumnya sebesar 2,1%.

Alibaba Group Holding Ltd. memberikan kontribusi terbesar terhadap penurunan indeks, turun 4,1%. Shenzhou International Group Holdings Ltd. mengalami penurunan terbesar, turun 5,6%.

Hari ini, 76 dari 82 saham turun, sementara 6 saham naik; semua sektor turun, dipimpin oleh saham perdagangan dan industri.(mrv)@Newsmaker23 PT Rifan Financindo Berjangka.

Sumber : Bloomberg

Hang Seng Melonjak Pasca Pernyataan Perdana Menteri Tiongkok

 

PT Rifan Financindo Berjangka - Indeks Hang Seng melonjak 439 poin atau 2,1% hingga ditutup pada level 21.007 pada hari Selasa(05/11), naik untuk sesi ketiga ke level tertinggi dalam lebih dari 2 minggu setelah Perdana Menteri Tiongkok Li Qiang mengatakan bahwa Beijing memiliki banyak ruang untuk kebijakan fiskal dan moneter dan bahwa Tiongkok akan memenuhi target pertumbuhan PDB 2024 sekitar 5%. Sementara itu, data survei swasta menunjukkan sektor jasa Tiongkok naik paling tinggi dalam 3 bulan pada bulan Oktober, setelah serangkaian langkah dukungan pada akhir September.

Pada saat yang sama, pertumbuhan sektor swasta Hong Kong mencapai level tertinggi 1-1/2 tahun bulan lalu. Yang menambah suasana optimis adalah kenaikan moderat pada kontrak berjangka AS menjelang pemilihan presiden, keputusan suku bunga Fed, dan jumpa pers Ketua Powell. Namun, kenaikan dibatasi oleh kehati-hatian menjelang pertemuan legislatif Tiongkok, yang akan berakhir pada hari Jumat. Sementara itu, data harga konsumen dan produsen Tiongkok akan dirilis selama akhir pekan. Keuntungan tersebar luas di seluruh sektor, dengan kenaikan tajam dari Sunny Optical Tech (14,3%), Semicon Manufacturing (7,0%), dan BYD Electronic (5,6%).(ayu) PT Rifan Financindo Berjangka.

Source: Trading Economics

Indeks Hang Seng Naik 0,3%; Alibaba Memimpin Kenaikan

 

PT Rifan Financindo Berjangka - Indeks Hang Seng naik untuk hari kedua pada hari Senin (4/11), naik 0,3%, atau 61,09 menjadi 20.567,52 di Hong Kong.

Alibaba Group Holding Ltd. memberikan kontribusi terbesar terhadap kenaikan indeks, naik 1,1%. Trip.com Group Ltd. mengalami kenaikan terbesar, naik 4,8%.

Hari ini, 48 dari 82 saham naik, sementara 26 saham turun; semua sektor naik, dipimpin oleh saham perdagangan dan industri.(mrv)@Newsmaker23 PT Rifan Financindo Berjangka.

Sumber : Bloomberg

Saham Hong Kong Naik Namun Catat Penurunan Mingguan Keempat

 

PT Rifan Financindo Berjangka - Saham Hang Seng naik 189 poin atau 0,9% hingga ditutup pada level 20.506 pada hari perdagangan pertama bulan ini, menghentikan penurunan dua hari karena aktivitas manufaktur di Tiongkok pulih bulan lalu.

Langkah-langkah stimulus Beijing baru-baru ini mulai menunjukkan dampak positif menjelang sesi Kongres Rakyat Nasional pekan depan, yang dapat meluncurkan sejumlah inisiatif. Di sisi moneter, PBoC menyuntikkan CNY 500 miliar melalui reverse repo Kamis malam untuk menjaga likuiditas yang cukup mendekati akhir tahun. Properti, konsumen, dan keuangan mendorong penguatan, dengan kenaikan signifikan dari Akeso Inc. (8,4%), Tencent Holdings (3,7%), dan Meituan (2,8%).

Namun, indeks memangkas kenaikan sebelumnya, turun 0,5% untuk minggu ini sambil menandai periode kerugian keempatnya, karena pendapatan yang lemah di Hong Kong, kekhawatiran atas hasil pemilu AS, dan tarif UE untuk kendaraan listrik Tiongkok. Li Auto anjlok 9,5% menyusul perkiraan pendapatan Q4 yang lebih lemah. Sementara itu, CSPC Pharmaceutical merosot 8,7%, karena laba bersih awal turun selama sembilan bulan pertama.(yds) PT Rifan Financindo Berjangka.

Sumber: Trading Economics

Meituan Pimpin Kenaikan, Indeks Hang Seng Menguat 0,3%

 

PT Rifan Financindo Berjangka - Indeks Hang Seng dibuka dengan penguatan sebesar 0,3% pada level 20.376,93 di Hong Kong.

Meituan menjadi kontibutor terbesar terhadap kenaikan indeks, naik 2,3%. China Overseas Land & Investment Ltd. mengalami kenaikan terbesar, naik 3,1%.

Pada perdagangan awal, 41 dari 82 saham naik, sementara 37 saham turun; 3 dari 4 sektor naik, dipimpin oleh saham keuangan.(mrv) PT Rifan Financindo Berjangka.

Sumber: Bloomberg

Indeks Hang Seng Tertekan di Penutupan

 

PT Rifan Financindo Berjangka - Indeks Hang Seng jatuh 321 poin atau 1,6% hingga ditutup pada level 20.381 pada hari Rabu (30/10), yang menandai penurunan untuk hari kedua secara beruntun di tengah penurunan sektor yang meluas.

Saat para pelaku pasar menghadapi volatilitas yang meningkat menjelang pemilihan umum AS pekan depan dan keputusan suku bunga dari Fed. Kehati-hatian pasar juga tetap ada karena data PMI Oktober Tiongkok akan dirilis pada hari berikutnya. Namun, kenaikan moderat pada kontrak berjangka AS membatasi kerugian lebih lanjut, setelah penutupan rekor untuk Nasdaq pada hari Selasa.

Sementara itu, pandangan mengenai stimulus fiskal Tiongkok yang diantisipasi dapat muncul dari pertemuan pejabat legislatif tinggi minggu depan. Reuters mengatakan bahwa Beijing mungkin mengizinkan penerbitan lebih dari 10 triliun dalam bentuk utang baru dalam beberapa tahun mendatang untuk mendukung ekonomi.

Perusahaan pembuat kendaraan listrik seperti NIO (-7,0%), Xpeng (-4,5%), dan Geely Auto (-3,1%) mengalami kerugian tajam karena UE mengenakan tarif hingga 45,3% pada kendaraan listrik buatan Tiongkok, yang berlaku mulai hari ini. Saham lain yang merugi termasuk Semiconductor Manufacturing (-7,5%), Meituan (-2,5%), dan Tencent Holdings (-1,8%). PT Rifan Financindo Berjangka.

Sumber: Trading Economics

Indeks Hang Seng Naik 0,5%; HSBC Pimpin Kenaikan

 

PT Rifan Financindo Berjangka - Indeks Hang Seng naik untuk hari ketiga pada Selasa (29/10), naik 0,5%, atau 101,78 menjadi 20.701,14 di Hong Kong.

Saham HSBC Holdings Plc memberikan kontribusi terbesar terhadap kenaikan indeks dan memiliki pergerakan terbesar, naik 3,7%.

Hari ini, 30 dari 82 saham naik, sementara 48 saham turun; 2 dari 4 sektor naik, dipimpin oleh saham perdagangan dan industri.(yds) PT Rifan Financindo Berjangka.

Sumber: Bloomberg

Hang Seng Index Little Changed; Alibaba Leads Advance

 

PT Rifan Financindo Berjangka - The Hang Seng Index advanced slightly to 20,599.36 in Hong Kong.

Alibaba Group Holding Ltd. contributed the most to the index gain, increasing 1.4%. Longfor Group Holdings Ltd. had the largest increase, rising 4.8%.

Today, 44 of 82 shares rose, while 35 fell; 3 of 4 sectors were higher, led by commerce and industry stocks. PT Rifan Financindo Berjangka.

Source: Bloomberg

Saham Hang Seng Turun untuk Pekan Ketiga Secara Beruntun

 

PT Rifan Financindo Berjangka - Indeks Hang Seng naik 100 poin atau 0,5% hingga ditutup pada level 20.590 pada hari Jumat (24/10), sebagian pulih dari penurunan 1,3% pada hari sebelumnya di tengah kenaikan luas di seluruh sektor.

Sentimen pasar optimis, terangkat oleh kenaikan di pasar Tiongkok karena para pedagang mengantisipasi sesi legislatif tertinggi Tiongkok yang akan datang, yang diharapkan pada 4-8 November, di mana isu-isu utama dalam ekonomi akan dibahas. Selain itu, spekulasi berkembang bahwa Beijing mungkin akan menambah kuota obligasi dan pengeluarannya untuk tahun 2025 sambil mengupayakan penjualan obligasi yang lebih tinggi tahun depan. Di sisi kebijakan, PBoC mempertahankan suku bunga fasilitas pinjaman jangka menengah satu tahun pada 2%, setelah rekor pemotongan 30bps pada bulan September.

Saham otomotif mengalami kenaikan yang solid, dipimpin oleh Geely Auto (8,5%), Li Auto (5,1%), dan BYD Electronic (4,3%), bersama dengan saham farmasi seperti Wuxi Biologics (6,3%) dan Hansoh Pharmaceutical (3,5%).

Namun, indeks tersebut turun 1% selama seminggu, menandai penurunan ketiga berturut-turut di tengah kekhawatiran yang terus berlanjut tentang ketegangan perdagangan Tiongkok-AS dan kehati-hatian menjelang angka PMI Tiongkok bulan Oktober yang akan dirilis minggu depan.(yds) PT Rifan Financindo Berjangka.

Sumber: Trading Economics

Saham Hong Kong Tertekan pada Akhir Perdagangan

 

PT Rifan Financindo Berjangka - Saham di Hong Kong Tertekan saat Penutupan Hang Seng anjlok 271 poin atau 1,3% hingga ditutup pada 20.490 pada hari Kamis, membalikkan keuntungan dari dua sesi sebelumnya karena meningkatnya imbal hasil Treasury AS memicu kekhawatiran pasar, menjelang pemilihan AS. Indeks teknologi anjlok 2,5%, dengan meningkatnya kekhawatiran bahwa konflik teknologi antara Beijing dan Washington dapat meningkat terlepas dari hasil pemilihan AS.

Manufaktur Semikonduktor turun 2,0% menyusul laporan bahwa chip yang dibuat oleh rekan Taiwan untuk pelanggan tertentu berakhir dengan Huawei Technologies, yang berpotensi melanggar sanksi AS. Properti dan konsumen juga turun tajam, karena skeptisisme bahwa paket stimulus terbaru Tiongkok mungkin tidak cukup untuk memicu pemulihan. Selain itu, prospek stimulus fiskal yang signifikan di Tiongkok masih belum pasti. Membatasi kerugian lebih lanjut merupakan indikasi bahwa bank sentral Tiongkok akan memperluas fasilitas swap barunya untuk membantu likuiditas pasar saham. Penghambat utama lainnya termasuk KE Holdings (-4,6%), Meituan (-4,2%), dan Kuaishou Technology (-4,0%)." PT Rifan Financindo Berjangka.

Sumber: Trading Economics

Bursa Saham Hong Kong (HK50)

 

PT Rifan Financindo Berjangka - Ekuitas Hong Kong naik 148 poin atau 0,7% menjadi 20.647 dalam transaksi awal pada hari Rabu, meningkat untuk sesi kedua karena keuntungan tersebar luas di semua sektor.

Para pelaku pasar optimis setelah beberapa lembaga keuangan lokal di Tiongkok pada hari Selasa memanfaatkan fasilitas swap dari PBoC untuk menghidupkan kembali pasar saham.

Secara lokal, inflasi tahunan di Hong Kong mencapai level terendah 3 bulan sebesar 2,2% pada bulan September sementara inflasi yang mendasarinya turun menjadi 0,9%. Dalam jangka pendek, inflasi keseluruhan di kota itu akan tetap ringan, kata seorang juru bicara pemerintah.

Namun, penurunan dalam futures AS membatasi keuntungan lebih lanjut, terutama setelah IMF memangkas perkiraan pertumbuhan globalnya untuk tahun 2025 menjadi 3,2%, 0,1ppts lebih rendah dari perkiraan Juli, karena meningkatnya risiko dari perang hingga proteksionisme perdagangan.

Saham pembuat minuman China Resources Beverage melonjak 13,5% pada debut perdagangannya di Hong Kong. Saham berkinerja lebih baik lainnya termasuk Pop Mart Intl. (18,2%), Sunshine Insurance Group (8,4%), China Longyuan Power (5,7%), Miniso Group (5,1%), dan Meituan (4,7%).(Cay) PT Rifan Financindo Berjangka.

Sumber : Newsmaker.id

Saham Hong Kong Naik Tipis; Jiangsu Lopal Tech Incar Dana HK$700 Juta dari IPO

 

PT Rifan Financindo Berjangka - Saham Hong Kong sedikit membaik pada hari Selasa (22/10), yang cukup mengalami kenaikan untuk memasuki zona hijau karena sentimen masih belum pasti dengan investor yang mengincar langkah-langkah stimulus lebih lanjut untuk memberikan dorongan pada perekonomian.

Indeks Hang Seng naik tipis untuk mengakhiri sesi Selasa di 20.498,95. Indeks Hang Seng China Enterprises melonjak 0,3%, atau 22,44 poin, di 7.363.

Sementara investor percaya langkah-langkah stimulus baru sangat penting untuk melengkapi tindakan terbaru Tiongkok untuk pelonggaran moneter, menurut laporan South China Morning Post.

Selain itu Bank sentral Tiongkok memangkas suku bunga seperempat poin persentase pada hari Senin sementara instrumen pembiayaan untuk pembelian saham juga diperkenalkan baru-baru ini.

Produsen mobil Tiongkok naik pada hari Selasa, memimpin pergerakan naik saham Hong Kong. Geely Automobile, Li Auto, dan XPeng masing-masing melonjak 8%, 5%, dan 2%.

Dalam berita perusahaan, Jiangsu Lopal Tech meluncurkan penawaran umum perdana di Hong Kong pada hari Selasa, dengan harapan untuk mengumpulkan hingga HK$700 juta. Produsen pelumas itu menawarkan 100 juta saham dengan harga antara HK$4,5 hingga HK$7 per saham. PT Rifan Financindo Berjangka.

Sumber: MT newswires

Hang Seng Turun Tajam di Penutupan

 

PT Rifan Financindo Berjangka - Indeks Hang Seng turun 326 poin atau 1,6% hingga ditutup pada level 20.478 pada hari Senin (21/10), menyusul lonjakan 3,6% pada sesi sebelumnya. Kerugian terjadi secara luas, dengan sektor teknologi, konsumen, dan keuangan membebani indeks. Para pedagang tidak terkesan dengan pemotongan 25bps untuk suku bunga pinjaman pokok satu tahun dan lima tahun di Tiongkok, karena langkah tersebut telah diisyaratkan oleh Gubernur PBoC Pan Gongsheng Jumat lalu.

Para Investor khawatir juga dengan meningkanya jelang pertemuan legislatif Tiongkok mendatang, yang diharapkan akan menyetujui peningkatan belanja fiskal dan menaikkan kuota penerbitan obligasi pemerintah. Kekhawatiran atas potensi eskalasi di Timur Tengah semakin berkontribusi terkait hal tersebut, karena para menteri keuangan dan kepala bank sentral berkumpul di Washington untuk pertemuan tahunan IMF dan Bank Dunia minggu ini.

Sementara itu, kontrak berjangka AS beragam karena investor menunggu lebih banyak laporan pendapatan dan pemilihan umum AS yang semakin dekat. Sands China merosot (-3,9%), bersama dengan Trip.com (-3,7%), BYD Electronic (-3,1%), Tencent Holdings (-2,3%), dan Meituan (-2,0%).(ayu) PT Rifan Financindo Berjangka.

Sumber: Trading Economics