Log in
Log in
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
News
All NewsCompaniesIndexesCurrency / ForexCommoditiesCryptocurrenciesETFInterest RatesEconomyThemesSectors 

Hong Kong stocks gain as material firms shine

02/08/2021 | 03:43am EST

* HK->Shanghai Connect daily quota used 7.2%, Shanghai->HK daily quota used 12.1%

* HSI +0.1%, HSCE +0.0%, CSI300 +1.5%

* FTSE China A50 +1.0%

Feb 8 (Reuters) - Hong Kong stocks eked out gains on Monday, underpinned by material firms, after China reported zero new local cases of the novel coronavirus and as mainland buying continued.

** The Hang Seng index gained 0.1% at 29,319.47, while the China Enterprises Index was unchanged at 11,560.01 points.

** China reported no new locally transmitted mainland COVID-19 case for the first time in nearly two months, official data showed on Monday, adding to signs that it has managed to stamp out the latest wave of the disease.

** Mainland investors continued to pour in, buying net of more than HK$12 billion worth of Hong Kong stocks on Monday via the Stock Connect, according to Refinitiv data.

** The southbound legs of the Stock Connect linking mainland and Hong Kong will halt from Feb. 9 through Feb. 17 during China's Lunar New Year holiday, according to Shanghai and Shenzhen stock exchanges.

** Market participants looked past the country's market regulator releasing new anti-monopoly guidelines on Sunday that targeted internet platforms.

** The Hang Seng tech index, which tracks many of China's tech giants, managed to end 0.4% higher.

** Around the region, MSCI's Asia ex-Japan stock index firmed 0.58%, while Japan's Nikkei index closed up 2.12%.

** The yuan was quoted at 6.457 per U.S. dollar at 08:30 GMT, 0.15% higher than the previous close of 6.4664.

** At close, China's A-shares were trading at a premium of 36.42% over Hong Kong-listed H-shares.

(Reporting by the Shanghai Newsroom; Editing by Amy Caren Daniel)


ę Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
CANADIAN DOLLAR / CHINESE YUAN RENMINBI (CAD/CNY) 0.15% 5.3627 Delayed Quote.6.61%
CHINA MENGNIU DAIRY COMPANY LIMITED -0.48% 31.25 Delayed Quote.-29.07%
CHINA OVERSEAS LAND & INVESTMENT LTD. -3.12% 19.86 Delayed Quote.11.05%
ENN ENERGY HOLDINGS LIMITED -2.29% 102.6 Delayed Quote.-28.47%
EURO / CHINESE YUAN RENMINBI (EUR/CNY) 0.74% 7.4852 Delayed Quote.3.12%
HONG KONG HANG SENG -1.43% 17321.85 Delayed Quote.-24.89%
NIKKEI 225 -0.42% 28162.83 Real-time Quote.-1.77%
POSTAL SAVINGS BANK OF CHINA CO., LTD. -3.04% 4.47 Delayed Quote.-15.72%
SEMICONDUCTOR MANUFACTURING INTERNATIONAL CORPORATION -2.46% 16.62 Delayed Quote.-8.68%
SHENZHOU INTERNATIONAL GROUP HOLDINGS LIMITED -1.10% 62.85 Delayed Quote.-57.54%
TECHTRONIC INDUSTRIES CO. LTD. 1.14% 88.45 Delayed Quote.-43.65%
UNITED STATES DOLLAR (B) / CHINESE YUAN IN HONG KONG (USD/CNH) -0.18% 7.22119 Delayed Quote.13.81%
US DOLLAR / CHINESE YUAN RENMINBI (USD/CNY) 0.65% 7.2108 Delayed Quote.12.78%
Latest news "Economy"
03:10aLondon Stocks Seen Tracking Asia Lower
DJ
03:01aGermany-Spain World Cup match draws 17 million German viewers
RE
03:01aWorld cup match germany v spain watched by 17 million viewers on…
RE
02:59aItalian unions: will seek further talks with monte dei paschi af…
RE
02:58aRussian e-scooter firm Whoosh says it is considering IPO
RE
02:58aItalian unions say monte dei paschi reorganisation starts on mon…
RE
02:58aUK Energy Secretary launches GBP1 billion scheme to insulate homes
AN
02:56aVast Ukrainian nuclear plant remains under Russian control - Russia-installed authorities
RE
02:54aUK car distributor Inchcape's finance boss steps down
RE
02:50aBritain's Revolution Beauty appoints Bob Holt as CEO
RE
Latest news "Economy"