The Hang Seng China Enterprises Index slumped as much as 2.4% on Monday, with tech heavyweights Alibaba Group Holding Ltd. and Tencent Holdings Ltd. among the biggest drags
Hang Seng China A Aerospace & Defence Index declined 3% on Tuesday with its constituents AVIC Chengdu and Zhuzhou Hongda trading up to 8% lower after cessation of hostilities between India and Pakistan.
The Hang Seng China Enterprises Index and the MSCI China Index have both surged at least 30% from mid-January lows, akin to the pace of gains seen in 2015 before the market plummeted, strategists led by Winnie Wu wrote in a Monday note.
As part of his pitch to boost American manufacturing, Trump has promised voters he will impose tariffs of 60% or more on goods from China
Analysts expressed disappoint over the lack of concrete measures. However, some said there is still a possibility of some kind of stimulus announcement by the Ministry of Finance later this month.
Over the last five days, the Hang Sang Index has gained around 10 percent and is currently trading at 22,741.35.
Investors are closely monitoring Japanese labor market data, housing and retail trade figures from Australia, and a sprinkling of earnings reports from regional giants such as Standard Chartered, Nomura Holdings, and Samsung.
Chinese regulators tightened measures for domestic and foreign institutional investors in stem the stock market rout after China's benchmark CSI 300 slumped to a 5-year low last week
Indian equity markets have toppled Hong Kong’s Hang Seng to become the 4th largest stock market in the world. But how did India manage to achieve this feat and which other countries form the top 3? Find out by watching this video
Chinese authorities announced a slew of measures including a reduction of the stamp duty on stock trades and a slower pace of initial public offerings over the weekend.
The cause behind this decline is the uncertainty surrounding China's property market and its future growth potential