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In stock markets abroad, indexes weakened were mixed across Europe and Asia. South Korea’s Kospi climbed 1.2%, but Hong Kong’s Hang Seng fell 0.9%. ___ AP Writers Matt Ott and Zimo Zhong ...
Hong Kong’s Hang Seng fell 1.1%, and South Korea’s Kospi rose 0.7% for some of the bigger moves, while Japanese markets were closed for a national holiday. ___ AP Business Writers Matt Ott and ...
Wall Street edged back from its all-time high on Friday, as U.S. stock indexes drifted following mixed profit reports from big companies. The Dow Jones Industrial Average dipped 165 points, or 0.4 ...
By November 2022, the Hang Seng was down 36% year-to-date, one of the worst performances among major stock market indices. The decline was exacerbated when Xi Jinping won a third-time and investors feared that he would prioritize state-owned firms over private companies. [22]
In Asia, Hong Kong’s Hang Seng fell 0.9%, while South Korea’s Kospi gained 1.1%. ... USA TODAY. At least 10 dead in Southeast as extreme weather sweeps nation; more to come.
A number of stock market crashes have occurred in the Hong Kong stock market since the 1960s: . 1960s. Stock disaster in 1965 (Canton Trust Bank run)Stock disaster in 1967 (Hong Kong 1967 Leftist riots)
Ho Sin Hang, chairman of the Hang Seng Bank, conceived the idea of creating the Hang Seng Index as a "Dow Jones Index for Hong Kong". [4] [5] Along with Hang Seng Director Lee Quo-wei, he commissioned Hang Seng's head of Research Stanley Kwan to create the index in 1964, [4] the index was initially used for internal reference in the Hang Seng Bank, they debuted the index on November 24, 1969.
Markets have been lurching down and up in recent weeks as economic reports force traders to revamp ... South Korea’s Kospi gained 1.2% and Hong Kong’s Hang Seng rose 1.2% for some of the ...