Hong Kong Stocks Rise Amid Hopes of Mortgage Rate Cuts by China

MT Newswires Live09-13

Hong Kong Stocks Rise Amid Hopes of Mortgage Rate Cuts by China Hong Kong Stocks rose to a one-week high following speculations that the China may cut mortgage rates as early as the current month....

Source Link

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/2467748776?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-09-13 16:53","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2467748776","market":"hk","top_or_hot":-1,"title":"Hong Kong Stocks Rise Amid Hopes of Mortgage Rate Cuts by China","media":"MT Newswires Live","content":"<div>\n<p>Hong Kong Stocks Rise Amid Hopes of Mortgage Rate Cuts by China Hong Kong Stocks rose to a one-week high following speculations that the China may cut mortgage rates as early as the current month....</p>\n\n<a href=\"https://www.mtnewswires.com/\">Source Link</a>\n\n</div>\n","source":"mtnewswires_live","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 Rise Amid Hopes of Mortgage Rate Cuts by China</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 Rise Amid Hopes of Mortgage Rate Cuts by China\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-09-13 16:53 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 Rise Amid Hopes of Mortgage Rate Cuts by China Hong Kong Stocks rose to a one-week high following speculations that the China may cut mortgage rates as early as the current month....</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":"LU1201861165.SGD","symbol_name":"Natixis Harris Associates Global Equity PA SGD","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2467748776","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2467748776","pubTimestamp":1726217586,"sourceInfo":{"source_id":"mtnewswires_live","name":"MT Newswires Live"},"weMediaInfo":null,"summary":"Hong Kong Stocks Rise Amid Hopes of Mortgage Rate Cuts by China Hong Kong Stocks rose to a one-week ","collect":0,"end_time":0,"defaultTopTitle":"mtnewswires.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"513600":"恒生指数ETF","LU1201861165.SGD":"Natixis Harris Associates Global Equity PA SGD","BK4534":"瑞士信贷持仓","SCMP":"Sucampo Pharmaceuticals","LU1668664300.SGD":"Blackrock World Financials A2 SGD-H","NHLD":"National Holdings Corporation","LU1894683348.USD":"AMUNDI FUNDS US EQUITY RESEARCH VALUE \"A2\" (USD) INC","LU1496350171.SGD":"FRANKLIN DIVERSIFIED BALANCED \"A\" (SGDHDG) ACC","LU1201861249.SGD":"Natixis Harris Associates US Equity PA SGD-H","02162":"康诺亚-B","LU0980610538.SGD":"Natixis Harris Associates US Equity RA SGD-H","IE00B7SZLL34.SGD":"Legg Mason ClearBridge - Value A Acc SGD-H","BK4559":"巴菲特持仓","BK1587":"次新股","LU1791807156.HKD":"BGF WORLD FINANCIALS \"A2\" (HKDHDG) ACC","BK4207":"综合性银行","IE00B19Z3B42.SGD":"Legg Mason ClearBridge - Value A Acc SGD","LU1280957306.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQUITIES \"AUP\" (USD) INC","IE00BBT3K403.USD":"LEGG MASON CLEARBRIDGE TACTICAL DIVIDEND INCOME \"A(USD) ACC","003816":"中国广核","LU0321505868.SGD":"Schroder ISF Global Dividend Maximiser A Dis SGD","IE00BFXG1179.USD":"BNY MELLON U.S. EQUITY INCOME \"B\" (USD) INC","LU0130518102.USD":"HARRIS ASSOCIATES GLOBAL EQUITY \"R\" INC","BK1161":"生物科技","SHE":"SPDR MSCI USA Gender Diversity Index ETF","BK1125":"独立电力生产商与能源贸易商","HSCEI":"国企指数","02833":"恒指ETF","LU0149725797.USD":"汇丰美国股市经济规模基金","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","LU1894683264.USD":"AMUNDI FUNDS US EQUITY RESEARCH VALUE \"A2\" (USD) ACC","LU0320765646.SGD":"FTIF - Franklin Income A MDIS SGD-H1","LU0106831901.USD":"贝莱德世界金融基金A2","LU1363072403.SGD":"Fidelity Global Financial Services A-ACC-SGD","LU0310800965.SGD":"FTIF - Templeton Global Balanced A Acc SGD","LU0648000940.SGD":"Natixis Harris Associates Global Equity RA SGD","BK0271":"能源供应","BK1505":"一带一路","01816":"中广核电力","BAC":"美国银行","LU0648001328.SGD":"Natixis Harris Associates US Equity RA SGD","LU0868494617.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD) ACC","BK4553":"喜马拉雅资本持仓","IE0002270589.USD":"LEGG MASON CLEARBRIDGE VALUE \"A\" (USD) INC","LU0477156797.USD":"HARRIS ASSOCIATES GLOBAL EQUITY \"RE\" (USD) ACC","HSI":"恒生指数","LU0130103400.USD":"Natixis Harris Associates Global Equity RA USD","LU1074936037.SGD":"JPMorgan Funds - US Value A (acc) SGD"},"translate_title":"港股因中国下调抵押贷款利率的希望而上涨","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"513600":0.6,"003816":1,"02162":1,"SHE":1,"SCMP":1,"BAC":1,"NHLD":1,"HSCEI":1,"01816":0.9,"HSI":0.9,"02833":0.6,"HHImain":0.6,"MCHmain":0.6},"content_text":"Hong Kong Stocks Rise Amid Hopes of Mortgage Rate Cuts by China Hong Kong Stocks rose to a one-week high following speculations that the China may cut mortgage rates as early as the current month.According to an SCMP report, Bank of America stated the yields have become attractive after a pullback, backing China's equity markets and resulting in a boost in investor sentiment.The Hang Seng Index rose 0.75%, or 128.70 points, to close Friday's session at 17,369.09. The Hang Seng China Enterprises Index rose by 0.90%, or 53.99 points, to close at 6,071.52.Citing unnamed sources, Bloomberg reported on Friday that there are hopes for rate cuts by China for up to 50 basis points as early as the current month in order to lower borrowing costs and encourage consumption. This was followed by a statement from the chief of China's central bank stating the bank's intentions to implement a supportive monetary policy to bring about an economic recovery.Another Bloomberg report, with citation to unnamed sources, encouraged a rise in China's property shares after it reported that China may be inclined to cut interest rates on more than $5 trillion of outstanding mortgages this month, splurging the Hong Kong's Hang Seng mainland properties index to rise by 2.4% on midday yesterday.In corporate news, Keymed Biosciences (HKG:2162) said China's National Medical Products Administration (NMPA) gave the marketing approval for Stapokibart. The company's stocks were up over 5% on Friday's close.CGN Power (HKG:1816, SHE:003816) will redeem 1 billion yuan of ultra-short-term bonds on Sept. 23, The 169-day bonds, which were issued on April 3, have a 2% interest rate, the Chinese nuclear power provider said. The company's shares were up over 2% on Friday's close.","kind":null,"is_publish_news":false,"is_publish_highlight":false,"is_publish_live":true,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"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":"4.29.2","shortVersion":"4.29.2","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/2467748776"}