All articles tagged with #chinese shares
Chinese shares in Hong Kong declined due to escalating US-China trade tensions, with concerns over trade agreements, restrictions on China's tech sector, and a slowdown in property sales impacting investor sentiment, although the market remains among the year's top performers driven by domestic stimulus hopes and new listings.
Global stock markets started the week on a positive note, with U.S. indexes closing higher as investors remained unfazed by the possibility of higher interest rates. The S&P 500, Nasdaq Composite, and Dow industrials all rose, with the Nasdaq leading the gains. The majority of S&P 500 sectors saw increases, while the yield on the 10-year U.S. Treasury note fell slightly. Hawaiian Electric shares surged after denying claims of causing a wildfire, and 3M shares rose as the company nears a $5.5 billion settlement for faulty combat earplugs. Chinese indexes fluctuated after the government announced trading tax cuts and market revival measures.