Hong Kong Shares Rise, Tracking U.S. Futures -- Market Talk

Dow Jones05-02

0836 GMT - Hong Kong's Hang Seng Index closed 2.5% higher at 18207.13, crossing the 18000 level for the first time since November, and tracking U.S. futures higher. Investors are likely digesting the U.S. Fed's remarks signalling that rate cuts may not come soon, but that rate hikes are also unlikely. The Hong Kong Monetary Authority has also warned that the "high interest rate environment may last for some time." Country Garden Services soared 13%, while Alibaba Health Information Technology and JD Health International each rose 11%. Among decliners, PetroChina was 3.8% lower, Techtronic Industries fell 3.3% and China Resources Power shed 2.15%. (kimberley.kao@wsj.com)

(END) Dow Jones Newswires

May 02, 2024 04:36 ET (08:36 GMT)

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(kimberley.kao@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 02, 2024 04:36 ET (08:36 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hong Kong Shares Rise, Tracking U.S. Futures -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; 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 Rise, Tracking U.S. Futures -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-05-02 16:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://dowjonesnews.com/newdjn/logon.aspx?AL=N><strong>Dow Jones</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>0836 GMT - Hong Kong's Hang Seng Index closed 2.5% higher at 18207.13, crossing the 18000 level for the first time since November, and tracking U.S. futures higher. Investors are likely digesting the ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0181495838.USD","symbol_name":"施罗德新兴亚洲A Acc","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2432623710","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2432623710","pubTimestamp":1714638960,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0836 GMT - Hong Kong's Hang Seng Index closed 2.5% higher at 18207.13, crossing the 18000 level for the first time since November, and tracking U.S. futures higher. Investors are likely digesting the U.S. Fed's remarks signalling that rate cuts may not come soon, but that rate hikes are also unlikely. The Hong Kong Monetary Authority has also warned that the \"high interest rate environment may last for some time.\" Country Garden Services soared 13%, while Alibaba Health Information Technology and JD Health International each rose 11%. Among decliners, PetroChina was 3.8% lower, Techtronic Industries fell 3.3% and China Resources Power shed 2.15%. 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Investors are likely digesting the U.S. Fed's remarks signalling that rate cuts may not come soon, but that rate hikes are also unlikely. The Hong Kong Monetary Authority has also warned that the \"high interest rate environment may last for some time.\" Country Garden Services soared 13%, while Alibaba Health Information Technology and JD Health International each rose 11%. Among decliners, PetroChina was 3.8% lower, Techtronic Industries fell 3.3% and China Resources Power shed 2.15%. 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