Hong Kong Stocks Open Higher In Nervous Market

"); jQuery("#212 h3").html("

Related News Programmes

"); });

2021-03-03 HKT 09:50

Share this story

facebook

  • Investors are concerned about a possible stock price bubble. Photo: RTHK

    Investors are concerned about a possible stock price bubble. Photo: RTHK

Hong Kong stocks opened slightly higher on Wednesday morning following the previous day's drop but investors remain on edge over warnings of a bubble in financial markets and the possibility of surging inflation.

The Hang Seng Index rose 0.53 percent, or 153.57 points, to 29,249.43.

The benchmark Shanghai Composite Index dipped 0.24 percent, or 8.43 points, to 3,500.16, while the Shenzhen Composite Index eased 0.40 percent, or 9.43 points, to 2,323.33. (AFP)

RECENT NEWS

US Stocks Rise On Hopes Of Pause In Rate Increases

Wall Street stocks finished solidly higher on Thursday, reflecting better sentiment on the US economy and a consensus vi... Read more

China's Financial Risks 'controllable': Regulators

The head of the National Financial Regulatory Administration on Thursday told a high-profile forum in Shanghai that the ... Read more

Banks Cut Yuan Deposit Rates, Could Boost Consumption

China's biggest banks on Thursday said they have lowered interest rates on yuan deposits, in actions that could ease pre... Read more

Cheese And Wine Put EU, Australia Deal In Peril

Australia on Thursday threatened to walk away from a blockbuster free trade deal with the European Union unless its prod... Read more

US Stocks End Mixed As Tech Shares Are Sold Off

Gains by industrial companies lifted the Dow on Wednesday, while weakness among technology shares pushed the Nasdaq deci... Read more

Amazon 'plans Prime Video Streaming Service With Ads'

Amazon.com is planning to launch an advertising-supported tier of its Prime Video streaming service, the Wall Street Jou... Read more