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1171 days ago

Hong Kong Exchanges & Clearing sees influx of trading activity

Hong Kong Exchanges & Clearing Ltd. is the big beneficiary of record inflows and a surge in trading activity. Shares of the city’s exchange operator are already up about 20% this year, after surging 68% in 2020. An indicator of momentum on Tuesday rose to the highest level since the height of China’s stock bubble in 2015.-YAHOO

#Stocks

1171 days ago

Tencent records a new high point with more gains set to come

Tencent Holdings Ltd., one of the heaviest-weighted stocks in the Hang Seng Index, has surged 16% since the beginning of this year and closed at a fresh record high Monday. The majority of analysts surveyed by Bloomberg are bullish on the company and continue to raise target prices, with the highest implying a further gain of 29% from Monday’s closing level.-Yahoo

#Stocks

1171 days ago

Hang Seng China Enterprises Index sees 6.70% year to date % gain

The Hang Seng Index is trading at its highest level since May 2019, although still some distance from its all-time high notched in early 2018. The gauge is up more than 8% this year and is among the best performers in the region.-Yahoo

#Stocks

1171 days ago

China A-shares on the rise

The China A-shares (stock shares of mainland China-based companies that trade on the two Chinese stock exchanges, SSE and SZSE) are on the rise since 2005. Investors might want to consider the overhead resistance level which will take the form of policy makers tightening the monetary policy in 2021. Nevertheless, China's economy remains one of the strongest in these troubled times. 

#Stocks
China A-shares on the rise

1171 days ago

Logitech Q3 sales rise 85% with an earnings surprise

Operating income triples, cash flow from operations in 2020 were up $530 million vs $181 million a year prior. More than doubled on the consensus estimated earnings with a reported EPS of $2.45  Source: Yahoo

#Stocks #Technology
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