Category: Hang Seng

World Shares Slip as Markets Brace for More Rate Hikes

September 19, 2022
Business & MarketsHang Senginterest rateMarketsQueen Elizabeth IIstocksWall Street
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Shares opened lower in Europe after a day of declines for most Asian markets, as investors braced for another interest rate hike this week by the U.S. Federal Reserve. Britain was observing a day of mourning for Queen Elizabeth II. Japan’s markets were closed for a holiday. Germany’s DAX lost 0.3 percent to 12,701.41 while…

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Evergrande to Be Removed From Hang Seng China Enterprises Index

November 19, 2021
Business & EconomyChinaChina Business & EconomyCompaniesEconomiesevergrandeHang SengHK BusinessHong KongindexInvestmentMarkets
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HONG KONG—Embattled developer China Evergrande Group will be removed from Hong Kong’s Hang Seng China Enterprises Index, the benchmark provider said on Friday following its regular quarterly review. The Hang Seng Indexes Company does not typically give reasons for changes to its indexes, and did not in Friday’s statement. The Hang Seng China Enterprises Index…

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