Local Stocks Edge Lower At Lunch On Profit-taking

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

Related News Programmes

"); });

2020-12-02 HKT 13:43

Share this story

facebook

  • The Hang Seng Index was flat in the Wednesday morning session. Image: Shutterstock

    The Hang Seng Index was flat in the Wednesday morning session. Image: Shutterstock

Hong Kong shares ended the morning session slightly lower on Wednesday as profit-taking and worries about a spike in virus cases in the city offset vaccine and US stimulus hopes.

The Hang Seng Index edged down 0.07 percent, or 18 points, to 26,548.

Across the border, mainland stocks edged up, led by gains in property shares, as investors continue to ride on better-than-expected manufacturing data and hopes of continued economic recovery.

The Shanghai Composite index was up 0.09 percent at 3,454, the blue-chip CSI300 index was up 0.15 percent, the start-up board ChiNext Composite index was weaker by 0.67 percent, and Shanghai's tech-focused STAR50 index was up 0.96 percent. (AFP/Reuters)

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