PRE-MARKET HONG KONG STOCKS NEWS: Hong Kong markets reopen from the Lunar New Year holiday
The reopening of Hong Kong markets post-Lunar New Year brings renewed focus on key stocks, especially given the notable news regarding Chow Tai Fook's potential financial hit from a Takeovers Code breach, which may impact investor sentiment in the retail sector.
Goldman Sachs sees significant upside to gold price forecasts on further private sector diversification when expressed through call option structures
[MARKET UPDATE] Hong Kong markets are lacklustre on return from the Lunar New Year holiday with the Hang Seng index down by 0.4% in early trade, while mainland markets remain closed and won't open until Tuesday
PRE-MARKET HONG KONG STOCKS NEWS: Hong Kong markets reopen from the Lunar New Year holiday
US President Trump posts " I will be directing the Secretary of War, and other relevant Departments and Agencies, to begin the process of identifying and releasing Government files related to alien and extraterrestrial life"
Santos (STO AT) agrees to 10-year, 20 petajoule gas supply deal with the South Australian government
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
Chow Tai Fook (1929 HK) - Chow Tai Fook-linked companies face a potential record USD 192mln hit to settle a Takeovers Code breach related to Giordano International (709 HK).
HSBC (5 HK) - Co. reportedly cuts 10% of its US debt capital markets team. (Newswires)
Tech - China’s major technology firms, including Alibaba (9988 HK), Tencent (700 HK) and ByteDance reported strong early traction for their latest flagship artificial intelligence products following promotional efforts tied to the Spring Festival. (SCMP)
Additionally, HSBC's workforce reduction in its US debt capital markets team may signal adjustments amidst market conditions. On a positive note, China's major tech firms are gaining traction with their AI products, suggesting a strategic pivot that could bolster their market positions moving forward.
Related headlines
- EUROPEAN OPEN: EZJ LN & ITH LN join FTSE 100, ENT LN & PSN LN to leave; DTE GY faces Elliott push against TMUS merger; VOD LN to launch first UK TV service; SHEL LN acquires BP/ LN stakes in offshore blocks4 hours ago
- PRE-MARKET INDIAN STOCKS NEWS: Oil and Natural Gas Corporation (ONGC IS) international investment arm sent a team to Venezuela to review assets after receiving clearance from the US8 hours ago
- [MARKET ANALYSIS] European bourses tilt higher, Elliott reportedly pushes DTE GY to scrap TMUS merger; AVGO misses Q4 guidance estimates3 hours ago
- US Daily Equity Opening News - MSFT to report quarterly Azure sales; AVGO slips on outlook; HPE falls amid supply constraints; VRNS in take-private talks; Elliott urges DTEGY to reconsider TMUS merger; DEC to acquire Birch Resources for USD 1.8bln3 hours ago
- PRIMER - Today’s Fedspeak includes: Waller, Hammack, Goolsbee23 min ago
- [MARKET ANALYSIS] Crude takes a breather after a choppy mid-week; metals mixed3 hours ago
- [MARKET ANALYSIS] Yields slip off best levels as energy benchmarks edge lower; JGBs in focus following a GPIF meeting and BoJ sources3 hours ago
- [MARKET ANALYSIS] Asia-Pac stocks took impetus from the rebound on Wall St as yields eased8 hours ago
- India's Trade Minister says final trade agreement between US and India will be published as soon as the US can provide India with tariff advantages 4 hours ago
- [MARKET ANALYSIS] JPY rallies against all G10 peers, most pronounced against USD into payrolls on Friday4 hours ago
- [MARKET ANALYSIS] Dollar is marginally softer with a mixed performance against major peers, while JPY continues its outperforms despite no obvious news catalysts8 hours ago
- Ukrainian Navy says it struck a Russian support vessel in Sochi port34 min ago
- Russian Deputy PM Novak says Russia's gas supplies to China will reach 50bln cubic metres this year, reports Tass42 min ago
- Israeli Defence Minister Katz says the military will target all of Iran's infrastructure, including energy; an Iranian attack would free Israel from its existing limits1 hour ago
- Russian President Putin says attacks on three oil refineries have been repelled; adds that Russia must respond in kind2 hours ago
- Russian President Putin says that Russia and Ukraine should agree first; he notes that there is an opportunity to reach a peace agreement3 hours ago
- Russian Deputy PM Novak says OPEC's role in the market remains important; will continue to exert significant influence on the oil market because of its high output6 hours ago
- [MARKET UPDATE] Yen strength continues with USD/JPY below 157.50, EUR/JPY below 183.00 - no headline driver but traders cite increased BoJ hike bets5 hours ago
- US President Trump clarifies that Commerce Secretary Lutnick had Venezuela on his mind when he said nobody was killed, adds that 18 people were killed in Iran20 min ago
- US President Trump posts image of 20mln BPD through the Hormuz vs. 18mln BPD before41 min ago
The whole workspace, free to try.
Try it free