Country Garden Holdings Co logo

2007 - Country Garden Holdings Co News Story

HK$11.24 0.1  1.1%

Last Trade - 12/11/19

Large Cap
Market Cap £24.17bn
Enterprise Value £42.47bn
Revenue £49.86bn
Position in Universe 48th / 5918

Hong Kong stocks fall as govt invokes emergency powers; market posts 3rd weekly drop

Fri 4th October, 2019 9:58am
* Hang Seng -1.1%, down for 3rd week; H-shares -0.7%
    * Govt invokes emergency powers to counter street protests
    * U.S. jobs data due later, worries rise over global

    HONG KONG, Oct 4 (Reuters) - Hong Kong shares fell on Friday
to one-month lows, as the city's leader invoked colonial-era
emergency powers for the first time in more than 50 years in
fresh efforts to quell escalating violence.
** At the close of trade, the Hang Seng index  .HSI  was down
1.11% at 25,821.03. It fell 0.5% for the week, its third weekly
loss. The Hang Seng China Enterprises index  .HSCE  fell 0.7% on
** The sub-index of the Hang Seng tracking energy shares
 .HSCIE  dipped 1.4%, the IT sector  .HSCIIT  lost 0.2%, the
financial sector  .HSNF  fell 1.2% and the property sector
 .HSNP  lost 0.6%.
** The top gainer on the Hang Seng was AAC Technologies Holdings
Inc  2018.HK , which gained 3.2%, while the biggest loser was
Sun Hung Kai Properties Ltd  0016.HK , which fell 2.9%.
** The market slipped in afternoon trade to its lowest level
since Sept. 3, down 1.9% on the day, as local media reported the
government will use emergency powers to enact a ban on face
masks, effective on Saturday.*:nL3N26P0JA
** Many protesters wear masks to hide their identity due to
fears employers could face pressure to take action against them.
** The market cut some losses as Hong Kong leader Carrie Lam
described the territory as being in serious danger, but not in a
state of emergency, clarifying there would be exemptions for
people who need to wear masks.*:nP8N23M022
** Data due later on Friday are forecast to show the U.S.
economy added 145,000 new jobs in September, more than an
increase of 130,000 in the previous month.*:nL3N26P0J7
** Some traders brace for a disappointing result after
surprisingly soft data earlier this week on manufacturing, job
creation, and the services sector.*:nL2N26N12H
** Around the region, MSCI's Asia ex-Japan stock index
 .MIAPJ0000PUS  was flat, while Japan's Nikkei index  .N225 
closed up 0.3%.
** About 1.14 billion Hang Seng index shares were traded, pretty
much the same as the volume traded in the previous trading

 (Reporting by Noah Sin; Editing by Subhranshu Sahu)
 ((; Reuters Messaging:
© Stockopedia 2019, Thomson Reuters, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.