Hong Kong snaps six-day winning streak as China stimulus rally fizzles [MSNBC.com]
JAPAN EXCH GRP UNSP/ADR (JPXGY)
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Source: MSNBC.com
Pedestrians cross a road in front of the Tokyo Stock Exchange (TSE), operated by Japan Exchange Group Inc. (JPX), in Tokyo, Japan, on Thursday, Oct. 29, 2020.Kiyoshi Ota | Bloomberg via Getty ImagesHong Kong stocks plunged on Thursday, snapping a six-day winning streak, as the China stimulus rally appeared to ease.TheHang Seng indexHang Seng Mainland Properties Index briefly had declined as much as 10% before paring some of the losses.Hang Seng Tech IndexMarkets in mainland China remain closed until Oct. 8. Chinese stocks had been on a tear after authorities announced a slew of support measures last week.Beijing is widely anticipated to unleash more fiscal policies and support measures in the coming months, but "the eventual scale and content of the fiscal package might be quite improvised and uncertain," Ting Lu, chief China economist at Nomura said in a note, adding that investors should exercise "more sober assessment" amid the recent market frenzy.Elsewhere, most Asian markets tra
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JPXGY
Sec Filings
- 10/2/24 - Form F-6
- 10/1/24 - Form F-6
- JPXGY's page on the SEC website