Hong Kong Stocks End Thursday's Trade Flat; Black Sesame International Plunges 32% in Debut

MT Newswires Live08-08

Hong Kong stocks inched up marginally into positive territory at Thursday's close, erasing gains the previous day, as investor sentiment took cues from the plunge in US stocks overnight and remained cautious after the global selloff.

The Hang Seng Index marginally rose to finish today's session at 16,891.83. The Hang Seng China Enterprises Index also saw a minor increase at 5,941.47.

Hong Kong investors remain on guard following the worldwide selloff and amid concerns of a potential US recession and measures to enforce a stricter policy by the Bank of Japan.

On the Asian market front, a consensus among economists tracked by Bloomberg estimates a 0.3% rise in July consumer prices in China, as compared to a 0.2% boost in June, according to a South China Morning Post report. An official report on price data is expected Friday.

In corporate news, chipmaker Black Sesame International Holdings (HKG:2533) made a weak debut on the Hong Kong bourse today, closing the day's trade at HK$20.450 per share, down 32% from its IPO price of HK$28.

Shares of Swire Properties (HKG:1972) closed 12% higher on Thursday after the property manager approved a HK$1.5 billion share buyback program.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2457365945?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-08-08 16:40","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2457365945","market":"sg","top_or_hot":-1,"title":"Hong Kong Stocks End Thursday's Trade Flat; Black Sesame International Plunges 32% in Debut","media":"MT Newswires Live","content":"<html><body><p> Hong Kong stocks inched up marginally into positive territory at Thursday's close, erasing gains the previous day, as investor sentiment took cues from the plunge in US stocks overnight and remained cautious after the global selloff.</p><p>The Hang Seng Index marginally rose to finish today's session at 16,891.83. The Hang Seng China Enterprises Index also saw a minor increase at 5,941.47.</p><p>Hong Kong investors remain on guard following the worldwide selloff and amid concerns of a potential US recession and measures to enforce a stricter policy by the Bank of Japan.</p><p>On the Asian market front, a consensus among economists tracked by Bloomberg estimates a 0.3% rise in July consumer prices in China, as compared to a 0.2% boost in June, according to a South China Morning Post report. An official report on price data is expected Friday.</p><p>In corporate news, chipmaker Black Sesame International Holdings (HKG:2533) made a weak debut on the Hong Kong bourse today, closing the day's trade at HK$20.450 per share, down 32% from its IPO price of HK$28.</p><p>Shares of Swire Properties (HKG:1972) closed 12% higher on Thursday after the property manager approved a HK$1.5 billion share buyback program.</p></body></html>","source":"mtnewswires_news","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 Stocks End Thursday's Trade Flat; Black Sesame International Plunges 32% in Debut</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 Stocks End Thursday's Trade Flat; Black Sesame International Plunges 32% in Debut\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-08-08 16:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.mtnewswires.com/><strong>MT Newswires Live</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Hong Kong stocks inched up marginally into positive territory at Thursday's close, erasing gains the previous day, as investor sentiment took cues from the plunge in US stocks overnight and remained ...</p>\n\n<a href=\"https://www.mtnewswires.com/\">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":"LU0572939691.SGD","symbol_name":"Janus Henderson Horizon Asian Dividend Income A2 SGD","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2457365945","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2457365945","pubTimestamp":1723106418,"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Hong Kong stocks inched up marginally into positive territory at Thursday's close, erasing gains the previous day, as investor sentiment took cues from the plunge in US stocks overnight and remained cautious after the global selloff.The Hang Seng Index marginally rose to finish today's session at 16,891.83. The Hang Seng China Enterprises Index also saw a minor increase at 5,941.47.Hong Kong investors remain on guard following the worldwide selloff and amid concerns of a potential US recession and measures to enforce a stricter policy by the Bank of Japan.On the Asian market front, a consensus among economists tracked by Bloomberg estimates a 0.3% rise in July consumer prices in China, as compared to a 0.2% boost in June, according to a South China Morning Post report. An official report on price data is expected Friday.In corporate news, chipmaker Black Sesame International Holdings  made a weak debut on the Hong Kong bourse today, closing the day's trade at HK$20.450 per share, down ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"513600":"恒生指数ETF","LU0572939691.SGD":"Janus Henderson Horizon Asian Dividend Income A2 SGD","BK1601":"香港本地股","BK1534":"收租股","BK1258":"房地产运营公司","HSI":"恒生指数","LU1316543674.SGD":"Janus Henderson Horizon Asia-Pacific Property Income A3 SGD","02833":"恒指ETF","LU0572940350.SGD":"Janus Henderson Horizon Asian Dividend Income A3 SGD","LU2226123227.USD":"Janus Henderson Horizon Asia-Pacific Property Income A5m USD","LU2348773727.SGD":"Aberdeen Standard SICAV I - Asian Sustainable Development Equity A Acc SGD-H","LU2226123490.SGD":"Janus Henderson Horizon Asia-Pacific Property Income A5m SGD","LU0229494975.USD":"骏利亨德森亚太地产股票基金","LU0264606111.USD":"Janus Henderson Horizon Asian Dividend Income A2 USD","02533":"黑芝麻智能","BK1229":"房地产经营公司","01972":"太古地产","LU2153591404.USD":"Aberdeen Standard SICAV I - Asian Sustainable Development Equity A Acc USD"},"translate_title":"港股周四收盘持平；黑芝麻国际首秀暴跌32%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"513600":0.6,"02533":0.9,"HSI":0.9,"01972":0.9,"02833":0.6,"MCHmain":0.6,"HHImain":0.6},"content_text":"Hong Kong stocks inched up marginally into positive territory at Thursday's close, erasing gains the previous day, as investor sentiment took cues from the plunge in US stocks overnight and remained cautious after the global selloff.The Hang Seng Index marginally rose to finish today's session at 16,891.83. The Hang Seng China Enterprises Index also saw a minor increase at 5,941.47.Hong Kong investors remain on guard following the worldwide selloff and amid concerns of a potential US recession and measures to enforce a stricter policy by the Bank of Japan.On the Asian market front, a consensus among economists tracked by Bloomberg estimates a 0.3% rise in July consumer prices in China, as compared to a 0.2% boost in June, according to a South China Morning Post report. An official report on price data is expected Friday.In corporate news, chipmaker Black Sesame International Holdings (HKG:2533) made a weak debut on the Hong Kong bourse today, closing the day's trade at HK$20.450 per share, down 32% from its IPO price of HK$28.Shares of Swire Properties (HKG:1972) closed 12% higher on Thursday after the property manager approved a HK$1.5 billion share buyback program.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2457365945"}