Arab Press

بالشعب و للشعب
Wednesday, Aug 05, 2026

Hong Kong shares mark highest close in nearly 4 weeks

Hong Kong shares mark highest close in nearly 4 weeks

Hang Seng Index ends up 0.71%. China Enterprises index HSCE rises 1.29%
Hong Kong shares marked their highest close in nearly four weeks on Monday, tracking a regional rise after China’s central bank provided more medium-term loans to the country’s financial system.

** At the close of trade, the Hang Seng Index was up 178.92 points or 0.71% at 25,505.82, its highest close since July 21.
** The Hang Seng China Enterprises index rose 1.29% to 10,450.56.
** The sub-index of the Hang Seng tracking energy shares rose 1.4%, while the IT sector dipped 0.27%, and the financial sector ended 1.15% higher.
** China’s central bank issued medium-term loans worth 700 billion yuan ($100.86 billion) to financial institutions on Monday, rolling over 550 billion yuan of such loans maturing in August and injecting a further 150 billion. It left borrowing costs unchanged.
** Shares of securities firms followed their counterparts on the mainland higher, after the Shenzhen Stock Exchange said on Friday that the first batch of companies registered for listing on Shenzhen’s ChiNext start-up board under a revamped initial public offering system will make their debuts on Aug. 24. The move is expected to lift brokerage firms’ valuations.
** China Merchants Securities Co Ltd jumped 13.19%.
** Geely Automobile Holdings Ltd, bucked the broader trend, falling 6.35% after the company trimmed its full-year sales outlook.
** China’s main Shanghai Composite index closed up 2.34% at 3,438.80 points, while the blue-chip CSI300 index ended up 2.35%.
** Around the region, MSCI’s Asia ex-Japan stock index was down 0.24%, while Japan’s Nikkei index closed 0.83% lower.
** The yuan was quoted at 6.942 per U.S. dollar at 0807 GMT, 0.12% firmer than the previous close of 6.9501.
Newsletter

Related Articles

Arab Press
0:00
0:00
Close
AI Is Remaking the US Economy, From GDP Growth to iPhone Prices
FIFA’s Retreat Leaves a Larger Question Over Who Guards the Game
Finland Deploys Commercial-Scale Thermal Batteries Using Crushed Rock to Store Renewable Grid Energy
Valued at $109 Million: F-35B Fighter Jet Crashes in Southern California
US Says It Has Carried Out Heavy Strikes on Iran After Attempted Attacks on Its Forces
Over 24 Hours in the Air: Qantas Airbus Completes Record-Breaking Test Flight
Arrest Warrant Issued in Lebanon for Tycoon Spotted Meeting Netanyahu in Washington
Trump says Israel ‘would not survive’ without US
Nvidia Reportedly Takes Vast Texas Data-Centre Lease to Underwrite AI Expansion
FIFA’s Private-Investment Plan for World Cup Rights Draws European Revolt
Following OpenAI's Cyberattack: 'Most Companies Still Do Not Understand What Is Coming'
OpenAI Sued After ChatGPT Allegedly Discouraged Emergency Care Before Near-Fatal Embolism
Miliband Sets Climate and International Law at Centre of UK Diplomacy
Pentagon Discloses Nearly 100 US Troop Injuries During Renewed Iran Fighting
Trump Readies New Tariffs as Temporary Global Levy Nears Expiry
High Prices Push Coffee Drinkers Toward Whole Beans and Home Brewing
Trump Draws Boos and Podium Scrutiny at Spain’s World Cup Triumph
Spain Defeats Argentina in Extra Time to Win Second World Cup
Turkey Explores S-400 Transfer to UAE in Bid to Rejoin F-35 Program
US Retaliates Against Iran After Two American Troops Killed in Jordan
Proposed U.S.-Saudi Nuclear Pact Could Permit Limited Uranium Enrichment Under International Safeguards
Why Kentucky Fried Chicken Became KFC—and Why the False Explanations Persist
Iran Claims It Destroyed Bahrain’s Main Artificial Intelligence Center in Missile and Drone Strike
Ukrainian Drones Strike Wildberries Warehouses Deep Inside Russia
Reported CIA Mission Helped Clear the UAE’s Path to Advanced US AI Chips
Artificial Intelligence Capital Fuels Markets While Governments and Regulators Face Mounting Strategic Tests
China’s Moonshot’s Kimi K3 Narrows the Gap With Anthropic Through Scale, Openness and Lower Cost
The Ledger Will Not Trust on Faith
Passenger Bound for Germany Refused to Sit Beside a Woman on a Plane — Then Slapped a Flight Attendant
Ukraine’s Leadership Rift Spills Into the Streets as Protesters Target Army Chief
The Ten World Cup Finals That Defined Football History
Smartphones Are Getting More Expensive, Sales Are Collapsing, and Even Apple Admits: "Prices Will Rise"
Leadership Change and Strategic Rivalry Redraw the Political Map
The AI Race Enters Its Infrastructure Era
Britain Nationalises British Steel to Protect Scunthorpe Production and Strategic Supply
Thomas Tuchel Faces Fierce Backlash After Tactical Retreat Costs England World Cup Final Berth
A Quiet Bastille Day: France Grapples with World Cup Heartbreak and Leftover Fireworks
Spain in Ecstasy: "We Feel Unbeatable, We Taught the Whole World a Lesson"
Harvard Astrophysicist to Lead U.S. Scientific Advisory on Unidentified Aerial Phenomena
Emergency Sirens Activated Across Bahrain as Interior Ministry Issues Shelter Directives
World Cup Visitors Turn American Big-Box Stores Into Souvenir Stops
Netflix Weighs Always-On Channels, Bundles and Short-Form Video
The AI Invoice Shock: Layoffs Didn't Save Managers Money — They Cost Them More
Concern: Sexually Transmitted Bacterium Among Men Develops Antibiotic Resistance
Passenger Partially Pulled Out of Ryanair Jet After Cabin Window Fails Mid-Flight
Severe Heatwave Drives Dangerous Ground-Level Ozone Pollution Across Two Thirds of European Union
The Physical and Electronic Barriers Disrupting Domestic Wireless Networks
France and Morocco Open World Cup Quarter-Finals as Collina Defends Refereeing
Tech Pulse: The Future of AI and Screen Culture
Global News Briefing: Escalating Geopolitical Tensions and Corporate Shakeups
×