Hong Kong Stocks End Week in Green; Mokingran Jewellery Gains 8% in Debut

MT Newswires Live11-29

Hong Kong stocks finished the week slightly higher following reports that impending US restrictions on the Chinese semiconductor industry may be less severe than expected.

The Hang Seng Index rose 0.3%, or 56.65 points, to close at 19,423.61. The Hang Seng China Enterprises Index likewise added 0.3%, or 22.17 points, to end at 6,946.68.

Sentiment in the local equities market improved after Bloomberg News reported, citing people familiar with the matter, that Washington was considering lighter-than-anticipated curbs on sales of chip equipment and AI memory semiconductors to China.

The US will also not add ChangXin Memory Technologies, which is working on AI memory chip technology, to its entity list, according to the report.

In corporate news, Mokingran Jewellery Group (HKG:2585) had a stellar trading debut in Hong Kong. The jewelry retailer closed at HK$12.9 per share, up 7.5% from its IPO price of HK$12.

Meanwhile, Hong Kong-listed shares of BeiGene (HKG:6160, SHA:688235) closed 5% higher after four company drugs were added to China's national medical insurance catalog.

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/2487533812?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-11-29 17:14","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2487533812","market":"sg","top_or_hot":-1,"title":"Hong Kong Stocks End Week in Green; Mokingran Jewellery Gains 8% in Debut","media":"MT Newswires Live","content":"<html><body><p> Hong Kong stocks finished the week slightly higher following reports that impending US restrictions on the Chinese semiconductor industry may be less severe than expected.</p><p>The Hang Seng Index rose 0.3%, or 56.65 points, to close at 19,423.61. The Hang Seng China Enterprises Index likewise added 0.3%, or 22.17 points, to end at 6,946.68.</p><p>Sentiment in the local equities market improved after Bloomberg News reported, citing people familiar with the matter, that Washington was considering lighter-than-anticipated curbs on sales of chip equipment and AI memory semiconductors to China.</p><p>The US will also not add ChangXin Memory Technologies, which is working on AI memory chip technology, to its entity list, according to the report.</p><p>In corporate news, Mokingran Jewellery Group (HKG:2585) had a stellar trading debut in Hong Kong. The jewelry retailer closed at HK$12.9 per share, up 7.5% from its IPO price of HK$12.</p><p>Meanwhile, Hong Kong-listed shares of BeiGene (HKG:6160, SHA:688235) closed 5% higher after four company drugs were added to China's national medical insurance catalog.</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 Week in Green; Mokingran Jewellery Gains 8% 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 Week in Green; Mokingran Jewellery Gains 8% in Debut\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-29 17:14 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 finished the week slightly higher following reports that impending US restrictions on the Chinese semiconductor industry may be less severe than expected.The Hang Seng Index rose 0.3%...</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":"06160","symbol_name":"百济神州","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2487533812","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2487533812","pubTimestamp":1732871675,"columns":[],"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 finished the week slightly higher following reports that impending US restrictions on the Chinese semiconductor industry may be less severe than expected.The Hang Seng Index rose 0.3%, or 56.65 points, to close at 19,423.61. The Hang Seng China Enterprises Index likewise added 0.3%, or 22.17 points, to end at 6,946.68.Sentiment in the local equities market improved after Bloomberg News reported, citing people familiar with the matter, that Washington was considering lighter-than-anticipated curbs on sales of chip equipment and AI memory semiconductors to China.The US will also not add ChangXin Memory Technologies, which is working on AI memory chip technology, to its entity list, according to the report.In corporate news, Mokingran Jewellery Group  had a stellar trading debut in Hong Kong. The jewelry retailer closed at HK$12.9 per share, up 7.5% from its IPO price of HK$12.Meanwhile, Hong Kong-listed shares of BeiGene  closed 5% higher after four company drugs were ad","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"513600":"恒生指数ETF","06160":"百济神州","LU1969619763.USD":"EASTSPRING INV CHINA A SHARES GROWTH \"A\" (USD) ACC","BK1583":"高瓴概念","BK1500":"做空集合股","LU0588546209.SGD":"Eastspring Investments - China Equity Fund AS SGD","02585":"梦金园","BK1588":"回港中概股","02833":"恒指ETF","HSI":"恒生指数","LU2328871848.SGD":"Eastspring Investments - China A Shares Growth AS SGD","LU0307460666.USD":"EASTSPRING INVESTMENTS CHINA EQUITY \"A\" ACC","BK1161":"生物科技"},"translate_title":"港股本周以绿色收盘；Mokingran Jewellery首次亮相就上涨8%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"513600":0.6,"02585":0.9,"06160":0.9,"HSI":0.9,"02833":0.6,"HHImain":0.6,"MCHmain":0.6},"content_text":"Hong Kong stocks finished the week slightly higher following reports that impending US restrictions on the Chinese semiconductor industry may be less severe than expected.The Hang Seng Index rose 0.3%, or 56.65 points, to close at 19,423.61. The Hang Seng China Enterprises Index likewise added 0.3%, or 22.17 points, to end at 6,946.68.Sentiment in the local equities market improved after Bloomberg News reported, citing people familiar with the matter, that Washington was considering lighter-than-anticipated curbs on sales of chip equipment and AI memory semiconductors to China.The US will also not add ChangXin Memory Technologies, which is working on AI memory chip technology, to its entity list, according to the report.In corporate news, Mokingran Jewellery Group (HKG:2585) had a stellar trading debut in Hong Kong. The jewelry retailer closed at HK$12.9 per share, up 7.5% from its IPO price of HK$12.Meanwhile, Hong Kong-listed shares of BeiGene (HKG:6160, SHA:688235) closed 5% higher after four company drugs were added to China's national medical insurance catalog.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","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":"4.29.3","shortVersion":"4.29.3","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/2487533812"}