Hong Kong Bourse Has Flat Lead For Tuesday's Trade

News, market analysis, investment scam prevention tips and more ✔️ Your source for latest asset management news and information. This magazine is crafted specifically for those who are interested in diving into the global asset management world. (RTTNews) - The Hong Kong stock market on Monday halted the two-day losing streak in which it had dropped more than 510 points or 1.7 percent. The Hang Seng Index now rests just beneath the 30,160-point plateau and it's expected to be rangebound on Tuesday. The global forecast for the Asian markets suggests mild upside, with tech and oil shares likely to lead the way. The European markets were down and the U.S. bourses were mostly higher and the Asian markets figure to follow the latter lead. The Hang Seng finished sharply higher on Monday following gains from the technology stocks and mixed performances from the financials, casinos and insurance companies. For the day, the index surged 711.16 points or 2.41 percent to finish at 30,159.01 after trading between 29,673.26 and 30,191.16, Among the actives, Meituan surged 5.16 percent, while Techtronic Industries soared 4.28 percent, Alibaba spiked 2.95 percent, China Mengniu Dairy accelerated 2.92 percent, AAC Technologies rallied 2.76 percent, Xiaomi Corporation jumped 2.52 percent, China Petroleum and Chemical (Sinopec) plunged 2.27 percent, AIA Group climbed 1.69 percent, Wharf Real Estate plummeted 1.55 percent, CSPC Pharmaceutical tanked 1.40 percent, Power Assets tumbled 1.09 percent, Hong Kong & China Gas skidded To keep reading about Hong Kong Bourse Has Flat Lead For Tuesday's Trade, Click on the link. Seoul, Korea
http://dlvr.it/RrL5pM

Comments

Post a Comment

Popular posts from this blog

AstraZeneca Begins Phase I Trial Of AZD7442 Against COVID-19 – Quick Facts

Image
(RTTNews) - AstraZeneca Plc (AZN.L, AZN) said first participants have been dosed in a Phase I trial of AZD7442 for the prevention and treatment of COVID-19. The trial will evaluate the safety, tolerability and pharmacokinetics of AZD7442. It will include up to 48 healthy participants in the UK aged 18 to 55 years. AZD7442 is a combination of two monoclonal antibodies derived from convalescent patients with SARS-CoV-2 infection. Discovered by Vanderbilt University Medical Center and licensed to AstraZeneca in June 2020, the mAbs were optimised by AstraZeneca. Data readout from the trial is anticipated in the second half of 2020. To keep reading about AstraZeneca Begins Phase I Trial Of AZD7442 Against COVID-19 – Quick Facts, Click on the link. Seoul, Korea http://dlvr.it/RfHgSK
Read more

Coronavirus Hasn't Diminished Tech Stocks' Allure

Image
FYI: By Caitlin McCabe Caitlin McCabe The Wall Street Journal Biography caitlin.mccabe@wsj.com Updated April 20, 2020 6:14 pm ET The FANG trade hasn’t lost its bite. Big technology stocks are again charging to new heights and propelling the broader stock market, which is swiftly rebounding after a punishing selloff. The NYSE FANG+ index—which comprises Facebook Inc., FB -0.56% Amazon.com Inc., AMZN 0.78% Netflix Inc. NFLX 3.44% and Google parent Alphabet Inc., GOOG -1.30% along with Apple Inc., AAPL -2.08% Twitter Inc., Tesla Inc., TSLA -1.00% Nvidia Corp. NVDA -1.80% and the Chinese behemoths Alibaba Group Holding Ltd. and Baidu Inc. —is up 11% year-to-date after a dramatic rally last week. The four FANG stocks added $251 billion in market value last week, their biggest gain on record dating to Facebook’s 2012 initial public offering. The S&P 500, in comparison, is down 13% in 2020 but has r
Read more

Henlius Plans to File the NDA of Novel anti-PD-1 mAb HLX10 for the Treatment of MSI-H Solid Tumours, the Phase 2 Clinical Trial has Met the Primary Endpoint

News, market analysis, investment scam prevention tips and more ✔️ Your source for latest asset management news and information. This magazine is crafted specifically for those who are interested in diving into the global asset management world. SHANGHAI, March 28, 2021 /PRNewswire/ -- Shanghai Henlius Biotech, Inc. (2696.HK) announced that the Phase 2 study of its innovative PD-1 inhibitor HLX10 in patients with unresectable or metastatic microsatellite instability-high or mismatch repair-deficient (MSI-H/dMMR) solid tumors that fail to respond to the standard therapy has met the primary endpoint. Henlius plans to file a New Drug Application (NDA) to the National Drug Products Administration (NMPA) for the treatment of MSI-H solid tumours based on the results from the Phase 2 trial of HLX10, which will be presented at upcoming medical conferences. Professor Shukui Qin of No.81 Hospital of People's Liberation Army and Professor Jin Li of Shanghai East Hospital affiliated to Shang
Read more