September 3, 2010 (Chinavestor) Investors in China were cautious ahead of key jobs report in the U.S. on Friday. The Hang Seng Index (INDEXHANGSENG:.HSI) jumped 200 points in the last two hours of trading, ending 102.6 or 0.5 percent higher for the day. Mainland China was less dynamic; despite a 20 points rally in the last three hours of trading, the Shanghai Composite Index (SHA:000001) ended that day slightly in the red.
Automakers led the Hang Seng Index (INDEXHANGSENG:.HSI) higher after news that August car sales grew three times faster than in July. Brilliance China Auto (HKG:1114), partner of Germany's BMW, jumped 8.0 percent on Friday. China Southern Airlines (HKG:1055), the largest carrier by fleet size in Asia, rose 1.9 percent while index heavy weight China Mobile (HKG:0941) advanced 1.6 percent. As far as NYSE-HKEx cross listed blue chips are concerned, China Telecom (HKG:0728) (NYSE:CHA), Yanzhou Coal (HKG:1171) (NYSE:YZC), Guangshen Rail (HKG:0525) (NYSE:GSH) and Sinopec (HKG:0386) (NYSE:SNP) advanced over 1 percent for the day.
September 2, 2010 (Chinavestor) A shift in investor sentiment helped China stocks to jump in Asia on Thursday after better-than-expected manufacturing data sent the DJIA soaring the day before. U.S. ...
August 31, 2010 (Chinavestor) Chinese shares plunged in Asia following a 140 points drop of the DJIA a day before. Investors became defensive ahead of key jobs data of the world largest economy) rele...
August 30, 2010 (Chinavestor) Shares of Chinese companies advanced in Asia on Monday, following comments from Fed Chairman Ben Bernanke last Friday that sent the DJIA surging 165 points. The Shanghai...
August 27, 2010 (Chinavestor) China shares advanced in Shanghai but continued to erode in Hong Kong as investors gauge the latest string of global economic data. The Shanghai Composite Index (SHA:000...
