Hong Kong stocks fall as stimulus rally fizzles; Japan's Nikkei leads gains in Asia [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 as the China stimulus rally appeared to ease.TheHang Seng indexindex closed over 6% higherHang Seng Mainland Properties Index briefly sank more than 10%, dragged down byLongfor Group HoldingsNew World DevelopmentHang 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 mar
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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