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BEIJING (AP) — Asian stocks advanced Friday after Wall Street rebounded from a two-day losing streak. and Tokyo’s Nikkei 225 advanced 0.4 percent to 21,814.31. Hong Kong’s Hang Seng added 1.3 percent to 31,364.80 and Seoul’s.
The benchmark Hang Seng Index added 67.99 points on Friday. Industrial Securities lost 2.01 per cent to 9.26 yuan, Agricultural Bank of China fell 1.20 per cent to 2.48 yuan and China Life Insurance slid 0.61 per cent to 13.13 yuan.
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HONG KONG (Reuters) – Hong Kong bank Dah Sing Financial Holdings Ltd <0440.HK> has agreed to sell its insurance business to China’s Thaihot Group Co Ltd. 5.8 percent rise in the broader Hang Seng index (.HSI).
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Insurance companies and oil drillers stumbled while refineries. Japan’s benchmark Nikkei 225 index took a negligible loss, and the South Korean Kospi lost 0.4%. The Hang Seng in Hong Kong rose less than 0.1%.
Asian markets closed mostly. Hong Kong’s Hang Seng Index advanced 0.52 percent by 3:03 p.m. HK/SIN. Financial stocks were mixed in the afternoon, with HSBC lower by 0.19 percent and China Construction Bank rising 0.91.
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The benchmark Hang Seng Index rose 1.07 percent. Mainland-based financial shares ended higher. China Ping An Insurance climbed 5.06 percent at 83.1 HK dollars; Bank of Construction increased 2.04 percent at 6.5 HK dollars;.
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(Bloomberg) — Chinese stocks fell on the only trading day of the week as the central bank raised interest rates in open-market. led by energy and financial shares. The Hang Seng China Enterprises Index slumped 1.6 percent in Hong.
Hong Kong’s Hang Seng Index rose for a third day. though it’s still likely to remain bumpy,” said Wu Kan, a fund manager at JK Life Insurance Co. in Shanghai. “The boom in the property market has boosted cyclical stocks and.
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BEIJING (AP) — Stock markets slipped in Europe on Friday, but Wall Street was expected to rise on the open and. Tokyo’s Nikkei 225 advanced 0.7 percent to 21,892.78. Hong Kong’s Hang Seng added 1 percent to 31,267.17 and.
Australian insurer QBE Insurance Group would buy the general-insurance business in Argentina and Hong Kong-based Hang Seng Bank’s general-insurance manufacturing unit. Hang Seng Bank is 62 per cent-owned by HSBC Group.
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For its part, the Hang Seng Index (HSI) has dropped 5.8% since August 9. Interim results from FXI constituents: China Construction Bank (OTCPK:CICHY): On August 22, Reuters reported that the bank posted a 20 percent rise in second.
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Hong Kong stocks fell on Friday, with the benchmark Hang Seng. bank has entered into agreement with 11 AMCs, both domestic and international, to distribute their mutual funds. The bank in six months of its banking operations.
Subject to regulatory approval, QBE will acquire HSBC Argentina Holdings and Hang Seng Bank, and exclusively underwrite the general insurance products of HSBC in Argentina and Hang Seng Bank under 10-year agreements.
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In Hong Kong, the Hang Seng. bank stock DBS Group is continuing to sell despite strong earnings last week. It is down 2.45 percent to S$9.95. UOB and OCBC are also lower. Singapore Airlines is off 1.04 percent to S$9.55 on fears.
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These are external links and will open in a new window Insurance stocks worldwide have fallen in response. Nikkei futures then fell 3% in after-hours trading in Singapore. Hong Kong’s Hang Seng dropped some 1.8% following the.
Apr 13, 2018 · Hang Seng Insurance Company Limited company research & investing information. Find executives and the latest company news.
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HONG KONG — Global bank HSBC Holdings, the biggest overseas investor in China’s financial service sector, is spending HK$8.1 billion ($1.04 billion) for a 9.91 percent stake in Ping An Insurance Co. HSBC and its Hang Seng.
Friday’s rally was driven mainly by "chatter" the European Central Bank will intervene in the bond market to. The Shanghai Composite ticked up 0.1%, the Hang Seng in Hong Kong gained 2% and Japan’s Nikkei added 1.5%.