Updated
Updated · MarketWatch · Apr 29
Hang Seng Index rises 1.7% to 26,111.84 as China Overseas Land surges
Updated
Updated · MarketWatch · Apr 29

Hang Seng Index rises 1.7% to 26,111.84 as China Overseas Land surges

13 articles · Updated · MarketWatch · Apr 29
  • China Overseas Land & Investment shares jumped 8.9% on April 29, leading Hang Seng constituents, while WH Group fell 5.8%.
  • Other notable gains included China Resources Land up 6.5% and Ping An Insurance rising 6.1%. Regional markets were mixed, with Shanghai Composite up 0.7% and Singapore’s Straits Times down 0.4%.
  • Japan’s Tokyo Stock Exchange was closed, while Australia’s S&P/ASX 200 slipped 0.3%. China Merchants Bank and WuXi AppTec posted declines of 4.2% and 3.7% respectively, reflecting sector-specific volatility.
How can Asian markets climb when Wall Street is falling and war disrupts global trade?
Amid a global conflict, why is Hong Kong's property market suddenly driving a stock rally?
After a massive earnings beat, why did medical tech giant WuXi AppTec's stock plummet?
Is China's lowest GDP target in decades a sign of weakness or a strategic tech pivot?
Can Asia's growth forecast survive escalating energy costs and persistent global inflation?
Will Australia's expected interest rate hike curb inflation that is fueled by a distant war?