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KeithKoh
2021-07-13

Let them fly

Hong Kong shares end higher on tech, financial rally

* Hang Seng index ends up 1.63% China Enterprises index HSCE rises 1.69% * Tencent rises 3.93% after

Hong Kong shares end higher on tech, financial rally

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The Hang Seng China Enterprises index rose 1.69% to 10,113.32.</p>\n<p>** Tech firms in Hong Kong drove gains, with the sub-index of the Hang Seng tracking the IT sector rising 3.3% and the Hang Seng Tech index up 1.94%.</p>\n<p>** Tencent Holdings Ltd&nbsp;jumped 3.93% after China's antitrust regulator on Tuesday approved its plan to take the country's no.3 search engine Sogou Inc private in a $3.5 billion deal.</p>\n<p>** The financial sector&nbsp;also gained, rising 1.54% with Hong Kong shares of <a href=\"https://laohu8.com/S/HBCYF\">HSBC Holdings Plc</a> ending 2.62% higher after the Bank of England on Tuesday scrapped pandemic-era curbs on dividends from top lenders with immediate effect.</p>\n<p>** Sentiment was also bolstered by customs data showing that China's exports grew much faster than expected in June, and import growth also beat expectations.</p>\n<p>** The top gainer on the Hang Seng was Geely Automobile Holdings Ltd , which gained 5.18%, while the biggest loser was WuXi Biologics (Cayman) Inc, which fell 3.1%.</p>\n<p>** China's main Shanghai Composite index closed up 0.53% at 3,566.52 points, while the blue-chip CSI300 index ended up 0.18%.</p>\n<p>** The yuan&nbsp;was quoted at 6.4655 per U.S. dollar, 0.17% firmer than the previous close of 6.4762.</p>\n<p>** The top gainers among H-shares were Kuaishou Technology&nbsp;up 5.69%, followed by Geely Automobile Holdings Ltd, gaining 5.18% and Alibaba Group Holding Ltd, up by 3.95%.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHong Kong shares end higher on tech, financial rally\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-07-13 16:28</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>* Hang Seng index ends up 1.63% China Enterprises index HSCE rises 1.69%</p>\n<p>* Tencent rises 3.93% after Sogou deal approved</p>\n<p>* HSBC jumps after Bank of England scraps dividend curbs</p>\n<p>July 13 (Reuters) - Hong Kong shares rose on Tuesday as high tech and financials stocks rallied, after Chinese regulators approved a deal involving index heavyweight Tencent Holdings and after the Bank of England scrapped dividend curbs on lenders including HSBC.</p>\n<p>** At the close of trade, the Hang Seng index was up 448.17 points, or 1.63%, at 27,963.41. The Hang Seng China Enterprises index rose 1.69% to 10,113.32.</p>\n<p>** Tech firms in Hong Kong drove gains, with the sub-index of the Hang Seng tracking the IT sector rising 3.3% and the Hang Seng Tech index up 1.94%.</p>\n<p>** Tencent Holdings Ltd&nbsp;jumped 3.93% after China's antitrust regulator on Tuesday approved its plan to take the country's no.3 search engine Sogou Inc private in a $3.5 billion deal.</p>\n<p>** The financial sector&nbsp;also gained, rising 1.54% with Hong Kong shares of <a href=\"https://laohu8.com/S/HBCYF\">HSBC Holdings Plc</a> ending 2.62% higher after the Bank of England on Tuesday scrapped pandemic-era curbs on dividends from top lenders with immediate effect.</p>\n<p>** Sentiment was also bolstered by customs data showing that China's exports grew much faster than expected in June, and import growth also beat expectations.</p>\n<p>** The top gainer on the Hang Seng was Geely Automobile Holdings Ltd , which gained 5.18%, while the biggest loser was WuXi Biologics (Cayman) Inc, which fell 3.1%.</p>\n<p>** China's main Shanghai Composite index closed up 0.53% at 3,566.52 points, while the blue-chip CSI300 index ended up 0.18%.</p>\n<p>** The yuan&nbsp;was quoted at 6.4655 per U.S. dollar, 0.17% firmer than the previous close of 6.4762.</p>\n<p>** The top gainers among H-shares were Kuaishou Technology&nbsp;up 5.69%, followed by Geely Automobile Holdings Ltd, gaining 5.18% and Alibaba Group Holding Ltd, up by 3.95%.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HSI":"恒生指数","QNETCN":"纳斯达克中美互联网老虎指数","09988":"阿里巴巴-W"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2151410552","content_text":"* Hang Seng index ends up 1.63% China Enterprises index HSCE rises 1.69%\n* Tencent rises 3.93% after Sogou deal approved\n* HSBC jumps after Bank of England scraps dividend curbs\nJuly 13 (Reuters) - Hong Kong shares rose on Tuesday as high tech and financials stocks rallied, after Chinese regulators approved a deal involving index heavyweight Tencent Holdings and after the Bank of England scrapped dividend curbs on lenders including HSBC.\n** At the close of trade, the Hang Seng index was up 448.17 points, or 1.63%, at 27,963.41. The Hang Seng China Enterprises index rose 1.69% to 10,113.32.\n** Tech firms in Hong Kong drove gains, with the sub-index of the Hang Seng tracking the IT sector rising 3.3% and the Hang Seng Tech index up 1.94%.\n** Tencent Holdings Ltd jumped 3.93% after China's antitrust regulator on Tuesday approved its plan to take the country's no.3 search engine Sogou Inc private in a $3.5 billion deal.\n** The financial sector also gained, rising 1.54% with Hong Kong shares of HSBC Holdings Plc ending 2.62% higher after the Bank of England on Tuesday scrapped pandemic-era curbs on dividends from top lenders with immediate effect.\n** Sentiment was also bolstered by customs data showing that China's exports grew much faster than expected in June, and import growth also beat expectations.\n** The top gainer on the Hang Seng was Geely Automobile Holdings Ltd , which gained 5.18%, while the biggest loser was WuXi Biologics (Cayman) Inc, which fell 3.1%.\n** China's main Shanghai Composite index closed up 0.53% at 3,566.52 points, while the blue-chip CSI300 index ended up 0.18%.\n** The yuan was quoted at 6.4655 per U.S. dollar, 0.17% firmer than the previous close of 6.4762.\n** The top gainers among H-shares were Kuaishou Technology up 5.69%, followed by Geely Automobile Holdings Ltd, gaining 5.18% and Alibaba Group Holding Ltd, up by 3.95%.","news_type":1,"symbols_score_info":{"09988":0.9,"HSI":0.9,"QNETCN":0.9}},"isVote":1,"tweetType":1,"viewCount":1256,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":10,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}