Financial news
Written by: Jingjing He
2020-01-02 09:31
Last updated: 2020-01-02 09:32The People's Bank of China announced that the Hong Kong stock market will open 0.5% lower next week. The Hang Seng Index opened at 28249 points, up 59 points (0.21%). The state-owned enterprise index was 11199 points, up 31 points (0.28%).
Tencent (0700) rose 0.53% to 375.8 yuan; AIA (1299) rose 0.428% to 82.15 yuan; HSBC Holdings (0005) rose to 60.85 yuan; Alibaba (9988) rose 0.4% to 208 yuan ; Hong Kong Stock Exchange (0388) rose 0.16% to 253.4 yuan; Ling Zhan (0823) did not rise or fall to 82.5 yuan.
Chinese online education provider New Oriental Online (1797) issued a profit warning less than one year after listing. Net profit for the six months ending November will record a substantial net loss compared to the same period of the previous year. The stock price fell 2.3% this morning to 18.18 yuan.
U.S. economy may continue to decline in 2020, emerging economies will gradually recover
The People's Bank of China will reduce its quota by 0.5 percentage points next week and expect to release more than 800 billion yuan
HSI accumulates 9.1% throughout the year. Inventory of 50 blue-chip performance gains. Wang can be described as a ugly stock
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