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Stock impact report

Hong Kong stocks rise, but gains capped amid trade uncertainties [Reuters]

CHINA MOBILE (CHL) 
US:NYSE Investor Relations: chinamobileltd.com/en/ir/reports.php
Company Research Source: Reuters
Hong Kong stocks rise, but gains capped amid trade uncertainties - Reuters 2 Min Read * HK-Shanghai Connect daily quota used 11.4%, Shanghai-HK daily quota used 5.3% * FTSE China A50 +1.1% May 28 (Reuters) - Hong Kong stocks ended higher on Tuesday after plumbing a four-month low in the previous session, but gains were capped as investor sentiment remained fragile amid broad uncertainties over trade and economic growth. ** The Hang Seng index rose 0.4%, to 27,390.81 points, while the China Enterprises Index gained 0.1%, to 10,416.55 points. ** Trade worries remained high on investors’ list of concerns. ** U.S. President Donald Trump said on Monday that Washington was not ready to make a deal with Beijing but he expected one in the future, while at the same time pressing Japanese Prime Minister Shinzo Abe to even out a trade imbalance with the United States. ** Markets showed scant reaction to a Reuters report that Alibaba is planning a $20 billion Hong Kong listing to boost investment Show less Read more
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