Hong Kong Stocks Hold Near 11-Month High As Lunar Holiday Spending Seen Aiding China’s Recovery Momentum

South China Morning Post2023-01-27

The Hang Seng Index has gained 2.5 per cent in this holiday-shortened week as traders continue to be inspired by China’s recovery momentum
Hong Kong’s equity market has recouped US$487 billion in capitalisation in this year’s rally through Thursday

Stock market data seen inside the Connect Hall in Central, Hong Kong. Photo: Sam Tsang

Hong Kongstocks advanced, extending a rally toward an 11-month high as red-hot holiday spending in mainland China fuelled expectations the nation’s post-zero Covid economic recovery is gaining strength.

The Hang Seng Index added 0.1 per cent to 22,582.21 as of 10.55 am local time, the highest since March 1. The Tech Index added 0.6 per cent. Onshore financial markets will only reopen on Monday after a week-long Lunar New Year holiday.

Tencent Holdings jumped 1.2 per cent to HK$411.80, Baidu gained 1.6 per cent to HK$136.6 and Trip.com rose 0.5 per cent to HK$312.2. Developer Longfor rose 2 per cent to HK$27.60 while sportswear manufacturer Li Ning gained 1.2 per cent to HK$80.70.

Bookings for hotels, flights and attractions at home and abroad surged during the Lunar holiday season to their highest in three years, the Shanghai Securities Journal reported on Friday. Overall travel orders jumped fourfold over the corresponding festive season last year, it added, citing data from online travel agency Trip.com.

“Lunar New Year holiday mobility and consumption is robust as the exit wave subsides,” analysts at Nomura said in a note on Friday. China’s first-quarter growth could surpass the firm’s forecast given the quicker transition to herd immunity, they added.

The Hang Seng Index has logged six weeks of gains, its longest winning streak since the end of 2019. It rose 2.5 per cent in this holiday-shortened week, bringing the rally to 14 per cent this month, marking the best start to a year in at least three decades. The city’s stock market has regained US$487 billion of capitalisation in this year’s rally.

Elsewhere, Country Garden surged 5.9 per cent to HK$3.23. China’s biggest developer said it obtained a three-year yuan-denominated loan facility worth up to US$50 million from China Minsheng Bank, according to a Hong Kong stock exchange filing.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Seah CL
2023-01-28
Seah CL
K
Miker9110
2023-01-27
Miker9110
G
blessed_1
2023-01-27
blessed_1
Ok
MrHuattt
2023-01-27
MrHuattt
Ok
MrHuattt
2023-01-27
MrHuattt
Okay
- MrHuattt:
  yes
kong1509
2023-01-27
kong1509
Ok

Leave a comment

123

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1197449245?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2023-01-27 11:15","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1197449245","market":"hk","top_or_hot":-1,"title":"Hong Kong Stocks Hold Near 11-Month High As Lunar Holiday Spending Seen Aiding China’s Recovery Momentum","media":"South China Morning Post","content":"<html><head></head><body><ul><li>The Hang Seng Index has gained 2.5 per cent in this holiday-shortened week as traders continue to be inspired by China’s recovery momentum</li><li>Hong Kong’s equity market has recouped US$487 billion in capitalisation in this year’s rally through Thursday</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5da0815fff1c99269bf3b7efdbe7123a\" tg-width=\"1098\" tg-height=\"732\" referrerpolicy=\"no-referrer\"/><span>Stock market data seen inside the Connect Hall in Central, Hong Kong. Photo: Sam Tsang</span></p><p>Hong Kongstocks advanced, extending a rally toward an 11-month high as red-hot holiday spending in mainland China fuelled expectations the nation’s post-zero Covid economic recovery is gaining strength.</p><p>The Hang Seng Index added 0.1 per cent to 22,582.21 as of 10.55 am local time, the highest since March 1. The Tech Index added 0.6 per cent. Onshore financial markets will only reopen on Monday after a week-long Lunar New Year holiday.</p><p>Tencent Holdings jumped 1.2 per cent to HK$411.80, Baidu gained 1.6 per cent to HK$136.6 and Trip.com rose 0.5 per cent to HK$312.2. Developer Longfor rose 2 per cent to HK$27.60 while sportswear manufacturer Li Ning gained 1.2 per cent to HK$80.70.</p><p><img src=\"https://static.tigerbbs.com/c8b0ba045b8ea3dff9465d30f88ea7fc\" tg-width=\"400\" tg-height=\"721\" referrerpolicy=\"no-referrer\"/></p><p>Bookings for hotels, flights and attractions at home and abroad surged during the Lunar holiday season to their highest in three years, the Shanghai Securities Journal reported on Friday. Overall travel orders jumped fourfold over the corresponding festive season last year, it added, citing data from online travel agency Trip.com.</p><p>“Lunar New Year holiday mobility and consumption is robust as the exit wave subsides,” analysts at Nomura said in a note on Friday. China’s first-quarter growth could surpass the firm’s forecast given the quicker transition to herd immunity, they added.</p><p>The Hang Seng Index has logged six weeks of gains, its longest winning streak since the end of 2019. It rose 2.5 per cent in this holiday-shortened week, bringing the rally to 14 per cent this month, marking the best start to a year in at least three decades. The city’s stock market has regained US$487 billion of capitalisation in this year’s rally.</p><p>Elsewhere, Country Garden surged 5.9 per cent to HK$3.23. China’s biggest developer said it obtained a three-year yuan-denominated loan facility worth up to US$50 million from China Minsheng Bank, according to a Hong Kong stock exchange filing.</p><p></p></body></html>","source":"lsy1600132093512","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hong Kong Stocks Hold Near 11-Month High As Lunar Holiday Spending Seen Aiding China’s Recovery Momentum</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHong Kong Stocks Hold Near 11-Month High As Lunar Holiday Spending Seen Aiding China’s Recovery Momentum\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-27 11:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.scmp.com/business/china-business/article/3208150/hong-kong-stocks-hold-near-11-month-high-lunar-holiday-spending-seen-aiding-chinas-recovery-momentum><strong>South China Morning Post</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Hang Seng Index has gained 2.5 per cent in this holiday-shortened week as traders continue to be inspired by China’s recovery momentumHong Kong’s equity market has recouped US$487 billion in ...</p>\n\n<a href=\"https://www.scmp.com/business/china-business/article/3208150/hong-kong-stocks-hold-near-11-month-high-lunar-holiday-spending-seen-aiding-chinas-recovery-momentum\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"HSCEI","symbol_name":"国企指数","start_time":0,"source_url":"https://www.scmp.com/business/china-business/article/3208150/hong-kong-stocks-hold-near-11-month-high-lunar-holiday-spending-seen-aiding-chinas-recovery-momentum","article_id":"1197449245","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1197449245","pubTimestamp":1674789342,"columns":[],"sourceInfo":{"source_id":"lsy1600132093512","name":"South China Morning Post"},"weMediaInfo":null,"summary":"The Hang Seng Index has gained 2.5 per cent in this holiday-shortened week as traders continue to be","collect":0,"end_time":0,"defaultTopTitle":"scmp.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"HSCEI":"国企指数","HSTECH":"恒生科技指数","HSI":"恒生指数"},"translate_title":"香港股市保持近11个月高点，农历假期消费被视为有助于中国经济复苏的动力","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"HSCEI":0.9,"HSTECH":0.9,"HSI":0.9},"content_text":"The Hang Seng Index has gained 2.5 per cent in this holiday-shortened week as traders continue to be inspired by China’s recovery momentumHong Kong’s equity market has recouped US$487 billion in capitalisation in this year’s rally through ThursdayStock market data seen inside the Connect Hall in Central, Hong Kong. Photo: Sam TsangHong Kongstocks advanced, extending a rally toward an 11-month high as red-hot holiday spending in mainland China fuelled expectations the nation’s post-zero Covid economic recovery is gaining strength.The Hang Seng Index added 0.1 per cent to 22,582.21 as of 10.55 am local time, the highest since March 1. The Tech Index added 0.6 per cent. Onshore financial markets will only reopen on Monday after a week-long Lunar New Year holiday.Tencent Holdings jumped 1.2 per cent to HK$411.80, Baidu gained 1.6 per cent to HK$136.6 and Trip.com rose 0.5 per cent to HK$312.2. Developer Longfor rose 2 per cent to HK$27.60 while sportswear manufacturer Li Ning gained 1.2 per cent to HK$80.70.Bookings for hotels, flights and attractions at home and abroad surged during the Lunar holiday season to their highest in three years, the Shanghai Securities Journal reported on Friday. Overall travel orders jumped fourfold over the corresponding festive season last year, it added, citing data from online travel agency Trip.com.“Lunar New Year holiday mobility and consumption is robust as the exit wave subsides,” analysts at Nomura said in a note on Friday. China’s first-quarter growth could surpass the firm’s forecast given the quicker transition to herd immunity, they added.The Hang Seng Index has logged six weeks of gains, its longest winning streak since the end of 2019. It rose 2.5 per cent in this holiday-shortened week, bringing the rally to 14 per cent this month, marking the best start to a year in at least three decades. The city’s stock market has regained US$487 billion of capitalisation in this year’s rally.Elsewhere, Country Garden surged 5.9 per cent to HK$3.23. China’s biggest developer said it obtained a three-year yuan-denominated loan facility worth up to US$50 million from China Minsheng Bank, according to a Hong Kong stock exchange filing.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[{"id":9952570055,"gmtCreate":1674856169577,"gmtModify":1676538962461,"author":{"id":"4102135564535180","authorId":"4102135564535180","name":"Seah CL","avatar":"https://community-static.tradeup.com/news/970bca7b04e85a42a2c8eabed7ec96d0","vip":1,"crmLevel":11,"crmLevelSwitch":0,"authorIdStr":"4102135564535180","idStr":"4102135564535180"},"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9952570055","repostId":1197449245,"repostType":4,"repost":{"id":"1197449245","kind":"news","pubTimestamp":1674789342,"share":"https://ttm.financial/m/news/1197449245?lang=en_US&edition=fundamental","pubTime":"2023-01-27 11:15","market":"hk","language":"en","title":"Hong Kong Stocks Hold Near 11-Month High As Lunar Holiday Spending Seen Aiding China’s Recovery Momentum","url":"https://stock-news.laohu8.com/highlight/detail?id=1197449245","media":"South China Morning Post","summary":"The Hang Seng Index has gained 2.5 per cent in this holiday-shortened week as traders continue to be","content":"<html><head></head><body><ul><li>The Hang Seng Index has gained 2.5 per cent in this holiday-shortened week as traders continue to be inspired by China’s recovery momentum</li><li>Hong Kong’s equity market has recouped US$487 billion in capitalisation in this year’s rally through Thursday</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5da0815fff1c99269bf3b7efdbe7123a\" tg-width=\"1098\" tg-height=\"732\" referrerpolicy=\"no-referrer\"/><span>Stock market data seen inside the Connect Hall in Central, Hong Kong. Photo: Sam Tsang</span></p><p>Hong Kongstocks advanced, extending a rally toward an 11-month high as red-hot holiday spending in mainland China fuelled expectations the nation’s post-zero Covid economic recovery is gaining strength.</p><p>The Hang Seng Index added 0.1 per cent to 22,582.21 as of 10.55 am local time, the highest since March 1. The Tech Index added 0.6 per cent. Onshore financial markets will only reopen on Monday after a week-long Lunar New Year holiday.</p><p>Tencent Holdings jumped 1.2 per cent to HK$411.80, Baidu gained 1.6 per cent to HK$136.6 and Trip.com rose 0.5 per cent to HK$312.2. Developer Longfor rose 2 per cent to HK$27.60 while sportswear manufacturer Li Ning gained 1.2 per cent to HK$80.70.</p><p><img src=\"https://static.tigerbbs.com/c8b0ba045b8ea3dff9465d30f88ea7fc\" tg-width=\"400\" tg-height=\"721\" referrerpolicy=\"no-referrer\"/></p><p>Bookings for hotels, flights and attractions at home and abroad surged during the Lunar holiday season to their highest in three years, the Shanghai Securities Journal reported on Friday. Overall travel orders jumped fourfold over the corresponding festive season last year, it added, citing data from online travel agency Trip.com.</p><p>“Lunar New Year holiday mobility and consumption is robust as the exit wave subsides,” analysts at Nomura said in a note on Friday. China’s first-quarter growth could surpass the firm’s forecast given the quicker transition to herd immunity, they added.</p><p>The Hang Seng Index has logged six weeks of gains, its longest winning streak since the end of 2019. It rose 2.5 per cent in this holiday-shortened week, bringing the rally to 14 per cent this month, marking the best start to a year in at least three decades. The city’s stock market has regained US$487 billion of capitalisation in this year’s rally.</p><p>Elsewhere, Country Garden surged 5.9 per cent to HK$3.23. China’s biggest developer said it obtained a three-year yuan-denominated loan facility worth up to US$50 million from China Minsheng Bank, according to a Hong Kong stock exchange filing.</p><p></p></body></html>","source":"lsy1600132093512","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hong Kong Stocks Hold Near 11-Month High As Lunar Holiday Spending Seen Aiding China’s Recovery Momentum</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHong Kong Stocks Hold Near 11-Month High As Lunar Holiday Spending Seen Aiding China’s Recovery Momentum\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-27 11:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.scmp.com/business/china-business/article/3208150/hong-kong-stocks-hold-near-11-month-high-lunar-holiday-spending-seen-aiding-chinas-recovery-momentum><strong>South China Morning Post</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Hang Seng Index has gained 2.5 per cent in this holiday-shortened week as traders continue to be inspired by China’s recovery momentumHong Kong’s equity market has recouped US$487 billion in ...</p>\n\n<a href=\"https://www.scmp.com/business/china-business/article/3208150/hong-kong-stocks-hold-near-11-month-high-lunar-holiday-spending-seen-aiding-chinas-recovery-momentum\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HSCEI":"国企指数","HSTECH":"恒生科技指数","HSI":"恒生指数"},"source_url":"https://www.scmp.com/business/china-business/article/3208150/hong-kong-stocks-hold-near-11-month-high-lunar-holiday-spending-seen-aiding-chinas-recovery-momentum","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1197449245","content_text":"The Hang Seng Index has gained 2.5 per cent in this holiday-shortened week as traders continue to be inspired by China’s recovery momentumHong Kong’s equity market has recouped US$487 billion in capitalisation in this year’s rally through ThursdayStock market data seen inside the Connect Hall in Central, Hong Kong. Photo: Sam TsangHong Kongstocks advanced, extending a rally toward an 11-month high as red-hot holiday spending in mainland China fuelled expectations the nation’s post-zero Covid economic recovery is gaining strength.The Hang Seng Index added 0.1 per cent to 22,582.21 as of 10.55 am local time, the highest since March 1. The Tech Index added 0.6 per cent. Onshore financial markets will only reopen on Monday after a week-long Lunar New Year holiday.Tencent Holdings jumped 1.2 per cent to HK$411.80, Baidu gained 1.6 per cent to HK$136.6 and Trip.com rose 0.5 per cent to HK$312.2. Developer Longfor rose 2 per cent to HK$27.60 while sportswear manufacturer Li Ning gained 1.2 per cent to HK$80.70.Bookings for hotels, flights and attractions at home and abroad surged during the Lunar holiday season to their highest in three years, the Shanghai Securities Journal reported on Friday. Overall travel orders jumped fourfold over the corresponding festive season last year, it added, citing data from online travel agency Trip.com.“Lunar New Year holiday mobility and consumption is robust as the exit wave subsides,” analysts at Nomura said in a note on Friday. China’s first-quarter growth could surpass the firm’s forecast given the quicker transition to herd immunity, they added.The Hang Seng Index has logged six weeks of gains, its longest winning streak since the end of 2019. It rose 2.5 per cent in this holiday-shortened week, bringing the rally to 14 per cent this month, marking the best start to a year in at least three decades. The city’s stock market has regained US$487 billion of capitalisation in this year’s rally.Elsewhere, Country Garden surged 5.9 per cent to HK$3.23. China’s biggest developer said it obtained a three-year yuan-denominated loan facility worth up to US$50 million from China Minsheng Bank, according to a Hong Kong stock exchange filing.","news_type":1,"symbols_score_info":{"HSCEI":0.9,"HSTECH":0.9,"HSI":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9952521668,"gmtCreate":1674831229154,"gmtModify":1676538961355,"author":{"id":"3567752887434518","authorId":"3567752887434518","name":"Miker9110","avatar":"https://community-static.tradeup.com/news/376b8215951358aaecd7891f086a6dad","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3567752887434518","idStr":"3567752887434518"},"htmlText":"G","listText":"G","text":"G","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9952521668","repostId":1197449245,"repostType":4,"repost":{"id":"1197449245","kind":"news","pubTimestamp":1674789342,"share":"https://ttm.financial/m/news/1197449245?lang=en_US&edition=fundamental","pubTime":"2023-01-27 11:15","market":"hk","language":"en","title":"Hong Kong Stocks Hold Near 11-Month High As Lunar Holiday Spending Seen Aiding China’s Recovery Momentum","url":"https://stock-news.laohu8.com/highlight/detail?id=1197449245","media":"South China Morning Post","summary":"The Hang Seng Index has gained 2.5 per cent in this holiday-shortened week as traders continue to be","content":"<html><head></head><body><ul><li>The Hang Seng Index has gained 2.5 per cent in this holiday-shortened week as traders continue to be inspired by China’s recovery momentum</li><li>Hong Kong’s equity market has recouped US$487 billion in capitalisation in this year’s rally through Thursday</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5da0815fff1c99269bf3b7efdbe7123a\" tg-width=\"1098\" tg-height=\"732\" referrerpolicy=\"no-referrer\"/><span>Stock market data seen inside the Connect Hall in Central, Hong Kong. Photo: Sam Tsang</span></p><p>Hong Kongstocks advanced, extending a rally toward an 11-month high as red-hot holiday spending in mainland China fuelled expectations the nation’s post-zero Covid economic recovery is gaining strength.</p><p>The Hang Seng Index added 0.1 per cent to 22,582.21 as of 10.55 am local time, the highest since March 1. The Tech Index added 0.6 per cent. Onshore financial markets will only reopen on Monday after a week-long Lunar New Year holiday.</p><p>Tencent Holdings jumped 1.2 per cent to HK$411.80, Baidu gained 1.6 per cent to HK$136.6 and Trip.com rose 0.5 per cent to HK$312.2. Developer Longfor rose 2 per cent to HK$27.60 while sportswear manufacturer Li Ning gained 1.2 per cent to HK$80.70.</p><p><img src=\"https://static.tigerbbs.com/c8b0ba045b8ea3dff9465d30f88ea7fc\" tg-width=\"400\" tg-height=\"721\" referrerpolicy=\"no-referrer\"/></p><p>Bookings for hotels, flights and attractions at home and abroad surged during the Lunar holiday season to their highest in three years, the Shanghai Securities Journal reported on Friday. Overall travel orders jumped fourfold over the corresponding festive season last year, it added, citing data from online travel agency Trip.com.</p><p>“Lunar New Year holiday mobility and consumption is robust as the exit wave subsides,” analysts at Nomura said in a note on Friday. China’s first-quarter growth could surpass the firm’s forecast given the quicker transition to herd immunity, they added.</p><p>The Hang Seng Index has logged six weeks of gains, its longest winning streak since the end of 2019. It rose 2.5 per cent in this holiday-shortened week, bringing the rally to 14 per cent this month, marking the best start to a year in at least three decades. The city’s stock market has regained US$487 billion of capitalisation in this year’s rally.</p><p>Elsewhere, Country Garden surged 5.9 per cent to HK$3.23. China’s biggest developer said it obtained a three-year yuan-denominated loan facility worth up to US$50 million from China Minsheng Bank, according to a Hong Kong stock exchange filing.</p><p></p></body></html>","source":"lsy1600132093512","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hong Kong Stocks Hold Near 11-Month High As Lunar Holiday Spending Seen Aiding China’s Recovery Momentum</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHong Kong Stocks Hold Near 11-Month High As Lunar Holiday Spending Seen Aiding China’s Recovery Momentum\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-27 11:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.scmp.com/business/china-business/article/3208150/hong-kong-stocks-hold-near-11-month-high-lunar-holiday-spending-seen-aiding-chinas-recovery-momentum><strong>South China Morning Post</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Hang Seng Index has gained 2.5 per cent in this holiday-shortened week as traders continue to be inspired by China’s recovery momentumHong Kong’s equity market has recouped US$487 billion in ...</p>\n\n<a href=\"https://www.scmp.com/business/china-business/article/3208150/hong-kong-stocks-hold-near-11-month-high-lunar-holiday-spending-seen-aiding-chinas-recovery-momentum\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HSCEI":"国企指数","HSTECH":"恒生科技指数","HSI":"恒生指数"},"source_url":"https://www.scmp.com/business/china-business/article/3208150/hong-kong-stocks-hold-near-11-month-high-lunar-holiday-spending-seen-aiding-chinas-recovery-momentum","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1197449245","content_text":"The Hang Seng Index has gained 2.5 per cent in this holiday-shortened week as traders continue to be inspired by China’s recovery momentumHong Kong’s equity market has recouped US$487 billion in capitalisation in this year’s rally through ThursdayStock market data seen inside the Connect Hall in Central, Hong Kong. Photo: Sam TsangHong Kongstocks advanced, extending a rally toward an 11-month high as red-hot holiday spending in mainland China fuelled expectations the nation’s post-zero Covid economic recovery is gaining strength.The Hang Seng Index added 0.1 per cent to 22,582.21 as of 10.55 am local time, the highest since March 1. The Tech Index added 0.6 per cent. Onshore financial markets will only reopen on Monday after a week-long Lunar New Year holiday.Tencent Holdings jumped 1.2 per cent to HK$411.80, Baidu gained 1.6 per cent to HK$136.6 and Trip.com rose 0.5 per cent to HK$312.2. Developer Longfor rose 2 per cent to HK$27.60 while sportswear manufacturer Li Ning gained 1.2 per cent to HK$80.70.Bookings for hotels, flights and attractions at home and abroad surged during the Lunar holiday season to their highest in three years, the Shanghai Securities Journal reported on Friday. Overall travel orders jumped fourfold over the corresponding festive season last year, it added, citing data from online travel agency Trip.com.“Lunar New Year holiday mobility and consumption is robust as the exit wave subsides,” analysts at Nomura said in a note on Friday. China’s first-quarter growth could surpass the firm’s forecast given the quicker transition to herd immunity, they added.The Hang Seng Index has logged six weeks of gains, its longest winning streak since the end of 2019. It rose 2.5 per cent in this holiday-shortened week, bringing the rally to 14 per cent this month, marking the best start to a year in at least three decades. The city’s stock market has regained US$487 billion of capitalisation in this year’s rally.Elsewhere, Country Garden surged 5.9 per cent to HK$3.23. China’s biggest developer said it obtained a three-year yuan-denominated loan facility worth up to US$50 million from China Minsheng Bank, according to a Hong Kong stock exchange filing.","news_type":1,"symbols_score_info":{"HSCEI":0.9,"HSTECH":0.9,"HSI":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9952517379,"gmtCreate":1674810386592,"gmtModify":1676538960191,"author":{"id":"4112410321254552","authorId":"4112410321254552","name":"blessed_1","avatar":"https://community-static.tradeup.com/news/71622697830d9517eb67a61917d8a95f","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":12,"crmLevelSwitch":1,"authorIdStr":"4112410321254552","idStr":"4112410321254552"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9952517379","repostId":1197449245,"repostType":4,"repost":{"id":"1197449245","kind":"news","pubTimestamp":1674789342,"share":"https://ttm.financial/m/news/1197449245?lang=en_US&edition=fundamental","pubTime":"2023-01-27 11:15","market":"hk","language":"en","title":"Hong Kong Stocks Hold Near 11-Month High As Lunar Holiday Spending Seen Aiding China’s Recovery Momentum","url":"https://stock-news.laohu8.com/highlight/detail?id=1197449245","media":"South China Morning Post","summary":"The Hang Seng Index has gained 2.5 per cent in this holiday-shortened week as traders continue to be","content":"<html><head></head><body><ul><li>The Hang Seng Index has gained 2.5 per cent in this holiday-shortened week as traders continue to be inspired by China’s recovery momentum</li><li>Hong Kong’s equity market has recouped US$487 billion in capitalisation in this year’s rally through Thursday</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5da0815fff1c99269bf3b7efdbe7123a\" tg-width=\"1098\" tg-height=\"732\" referrerpolicy=\"no-referrer\"/><span>Stock market data seen inside the Connect Hall in Central, Hong Kong. Photo: Sam Tsang</span></p><p>Hong Kongstocks advanced, extending a rally toward an 11-month high as red-hot holiday spending in mainland China fuelled expectations the nation’s post-zero Covid economic recovery is gaining strength.</p><p>The Hang Seng Index added 0.1 per cent to 22,582.21 as of 10.55 am local time, the highest since March 1. The Tech Index added 0.6 per cent. Onshore financial markets will only reopen on Monday after a week-long Lunar New Year holiday.</p><p>Tencent Holdings jumped 1.2 per cent to HK$411.80, Baidu gained 1.6 per cent to HK$136.6 and Trip.com rose 0.5 per cent to HK$312.2. Developer Longfor rose 2 per cent to HK$27.60 while sportswear manufacturer Li Ning gained 1.2 per cent to HK$80.70.</p><p><img src=\"https://static.tigerbbs.com/c8b0ba045b8ea3dff9465d30f88ea7fc\" tg-width=\"400\" tg-height=\"721\" referrerpolicy=\"no-referrer\"/></p><p>Bookings for hotels, flights and attractions at home and abroad surged during the Lunar holiday season to their highest in three years, the Shanghai Securities Journal reported on Friday. Overall travel orders jumped fourfold over the corresponding festive season last year, it added, citing data from online travel agency Trip.com.</p><p>“Lunar New Year holiday mobility and consumption is robust as the exit wave subsides,” analysts at Nomura said in a note on Friday. China’s first-quarter growth could surpass the firm’s forecast given the quicker transition to herd immunity, they added.</p><p>The Hang Seng Index has logged six weeks of gains, its longest winning streak since the end of 2019. It rose 2.5 per cent in this holiday-shortened week, bringing the rally to 14 per cent this month, marking the best start to a year in at least three decades. The city’s stock market has regained US$487 billion of capitalisation in this year’s rally.</p><p>Elsewhere, Country Garden surged 5.9 per cent to HK$3.23. China’s biggest developer said it obtained a three-year yuan-denominated loan facility worth up to US$50 million from China Minsheng Bank, according to a Hong Kong stock exchange filing.</p><p></p></body></html>","source":"lsy1600132093512","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hong Kong Stocks Hold Near 11-Month High As Lunar Holiday Spending Seen Aiding China’s Recovery Momentum</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHong Kong Stocks Hold Near 11-Month High As Lunar Holiday Spending Seen Aiding China’s Recovery Momentum\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-27 11:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.scmp.com/business/china-business/article/3208150/hong-kong-stocks-hold-near-11-month-high-lunar-holiday-spending-seen-aiding-chinas-recovery-momentum><strong>South China Morning Post</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Hang Seng Index has gained 2.5 per cent in this holiday-shortened week as traders continue to be inspired by China’s recovery momentumHong Kong’s equity market has recouped US$487 billion in ...</p>\n\n<a href=\"https://www.scmp.com/business/china-business/article/3208150/hong-kong-stocks-hold-near-11-month-high-lunar-holiday-spending-seen-aiding-chinas-recovery-momentum\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HSCEI":"国企指数","HSTECH":"恒生科技指数","HSI":"恒生指数"},"source_url":"https://www.scmp.com/business/china-business/article/3208150/hong-kong-stocks-hold-near-11-month-high-lunar-holiday-spending-seen-aiding-chinas-recovery-momentum","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1197449245","content_text":"The Hang Seng Index has gained 2.5 per cent in this holiday-shortened week as traders continue to be inspired by China’s recovery momentumHong Kong’s equity market has recouped US$487 billion in capitalisation in this year’s rally through ThursdayStock market data seen inside the Connect Hall in Central, Hong Kong. Photo: Sam TsangHong Kongstocks advanced, extending a rally toward an 11-month high as red-hot holiday spending in mainland China fuelled expectations the nation’s post-zero Covid economic recovery is gaining strength.The Hang Seng Index added 0.1 per cent to 22,582.21 as of 10.55 am local time, the highest since March 1. The Tech Index added 0.6 per cent. Onshore financial markets will only reopen on Monday after a week-long Lunar New Year holiday.Tencent Holdings jumped 1.2 per cent to HK$411.80, Baidu gained 1.6 per cent to HK$136.6 and Trip.com rose 0.5 per cent to HK$312.2. Developer Longfor rose 2 per cent to HK$27.60 while sportswear manufacturer Li Ning gained 1.2 per cent to HK$80.70.Bookings for hotels, flights and attractions at home and abroad surged during the Lunar holiday season to their highest in three years, the Shanghai Securities Journal reported on Friday. Overall travel orders jumped fourfold over the corresponding festive season last year, it added, citing data from online travel agency Trip.com.“Lunar New Year holiday mobility and consumption is robust as the exit wave subsides,” analysts at Nomura said in a note on Friday. China’s first-quarter growth could surpass the firm’s forecast given the quicker transition to herd immunity, they added.The Hang Seng Index has logged six weeks of gains, its longest winning streak since the end of 2019. It rose 2.5 per cent in this holiday-shortened week, bringing the rally to 14 per cent this month, marking the best start to a year in at least three decades. The city’s stock market has regained US$487 billion of capitalisation in this year’s rally.Elsewhere, Country Garden surged 5.9 per cent to HK$3.23. China’s biggest developer said it obtained a three-year yuan-denominated loan facility worth up to US$50 million from China Minsheng Bank, according to a Hong Kong stock exchange filing.","news_type":1,"symbols_score_info":{"HSCEI":0.9,"HSTECH":0.9,"HSI":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9952595087,"gmtCreate":1674796800650,"gmtModify":1676538959398,"author":{"id":"4089116574465250","authorId":"4089116574465250","name":"MrHuattt","avatar":"https://community-static.tradeup.com/news/e67f8f8c2b0192fadc4cd499a84e6c8b","vip":1,"crmLevel":12,"crmLevelSwitch":1,"authorIdStr":"4089116574465250","idStr":"4089116574465250"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9952595087","repostId":1197449245,"repostType":4,"repost":{"id":"1197449245","kind":"news","pubTimestamp":1674789342,"share":"https://ttm.financial/m/news/1197449245?lang=en_US&edition=fundamental","pubTime":"2023-01-27 11:15","market":"hk","language":"en","title":"Hong Kong Stocks Hold Near 11-Month High As Lunar Holiday Spending Seen Aiding China’s Recovery Momentum","url":"https://stock-news.laohu8.com/highlight/detail?id=1197449245","media":"South China Morning Post","summary":"The Hang Seng Index has gained 2.5 per cent in this holiday-shortened week as traders continue to be","content":"<html><head></head><body><ul><li>The Hang Seng Index has gained 2.5 per cent in this holiday-shortened week as traders continue to be inspired by China’s recovery momentum</li><li>Hong Kong’s equity market has recouped US$487 billion in capitalisation in this year’s rally through Thursday</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5da0815fff1c99269bf3b7efdbe7123a\" tg-width=\"1098\" tg-height=\"732\" referrerpolicy=\"no-referrer\"/><span>Stock market data seen inside the Connect Hall in Central, Hong Kong. Photo: Sam Tsang</span></p><p>Hong Kongstocks advanced, extending a rally toward an 11-month high as red-hot holiday spending in mainland China fuelled expectations the nation’s post-zero Covid economic recovery is gaining strength.</p><p>The Hang Seng Index added 0.1 per cent to 22,582.21 as of 10.55 am local time, the highest since March 1. The Tech Index added 0.6 per cent. Onshore financial markets will only reopen on Monday after a week-long Lunar New Year holiday.</p><p>Tencent Holdings jumped 1.2 per cent to HK$411.80, Baidu gained 1.6 per cent to HK$136.6 and Trip.com rose 0.5 per cent to HK$312.2. Developer Longfor rose 2 per cent to HK$27.60 while sportswear manufacturer Li Ning gained 1.2 per cent to HK$80.70.</p><p><img src=\"https://static.tigerbbs.com/c8b0ba045b8ea3dff9465d30f88ea7fc\" tg-width=\"400\" tg-height=\"721\" referrerpolicy=\"no-referrer\"/></p><p>Bookings for hotels, flights and attractions at home and abroad surged during the Lunar holiday season to their highest in three years, the Shanghai Securities Journal reported on Friday. Overall travel orders jumped fourfold over the corresponding festive season last year, it added, citing data from online travel agency Trip.com.</p><p>“Lunar New Year holiday mobility and consumption is robust as the exit wave subsides,” analysts at Nomura said in a note on Friday. China’s first-quarter growth could surpass the firm’s forecast given the quicker transition to herd immunity, they added.</p><p>The Hang Seng Index has logged six weeks of gains, its longest winning streak since the end of 2019. It rose 2.5 per cent in this holiday-shortened week, bringing the rally to 14 per cent this month, marking the best start to a year in at least three decades. The city’s stock market has regained US$487 billion of capitalisation in this year’s rally.</p><p>Elsewhere, Country Garden surged 5.9 per cent to HK$3.23. China’s biggest developer said it obtained a three-year yuan-denominated loan facility worth up to US$50 million from China Minsheng Bank, according to a Hong Kong stock exchange filing.</p><p></p></body></html>","source":"lsy1600132093512","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hong Kong Stocks Hold Near 11-Month High As Lunar Holiday Spending Seen Aiding China’s Recovery Momentum</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHong Kong Stocks Hold Near 11-Month High As Lunar Holiday Spending Seen Aiding China’s Recovery Momentum\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-27 11:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.scmp.com/business/china-business/article/3208150/hong-kong-stocks-hold-near-11-month-high-lunar-holiday-spending-seen-aiding-chinas-recovery-momentum><strong>South China Morning Post</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Hang Seng Index has gained 2.5 per cent in this holiday-shortened week as traders continue to be inspired by China’s recovery momentumHong Kong’s equity market has recouped US$487 billion in ...</p>\n\n<a href=\"https://www.scmp.com/business/china-business/article/3208150/hong-kong-stocks-hold-near-11-month-high-lunar-holiday-spending-seen-aiding-chinas-recovery-momentum\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HSCEI":"国企指数","HSTECH":"恒生科技指数","HSI":"恒生指数"},"source_url":"https://www.scmp.com/business/china-business/article/3208150/hong-kong-stocks-hold-near-11-month-high-lunar-holiday-spending-seen-aiding-chinas-recovery-momentum","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1197449245","content_text":"The Hang Seng Index has gained 2.5 per cent in this holiday-shortened week as traders continue to be inspired by China’s recovery momentumHong Kong’s equity market has recouped US$487 billion in capitalisation in this year’s rally through ThursdayStock market data seen inside the Connect Hall in Central, Hong Kong. Photo: Sam TsangHong Kongstocks advanced, extending a rally toward an 11-month high as red-hot holiday spending in mainland China fuelled expectations the nation’s post-zero Covid economic recovery is gaining strength.The Hang Seng Index added 0.1 per cent to 22,582.21 as of 10.55 am local time, the highest since March 1. The Tech Index added 0.6 per cent. Onshore financial markets will only reopen on Monday after a week-long Lunar New Year holiday.Tencent Holdings jumped 1.2 per cent to HK$411.80, Baidu gained 1.6 per cent to HK$136.6 and Trip.com rose 0.5 per cent to HK$312.2. Developer Longfor rose 2 per cent to HK$27.60 while sportswear manufacturer Li Ning gained 1.2 per cent to HK$80.70.Bookings for hotels, flights and attractions at home and abroad surged during the Lunar holiday season to their highest in three years, the Shanghai Securities Journal reported on Friday. Overall travel orders jumped fourfold over the corresponding festive season last year, it added, citing data from online travel agency Trip.com.“Lunar New Year holiday mobility and consumption is robust as the exit wave subsides,” analysts at Nomura said in a note on Friday. China’s first-quarter growth could surpass the firm’s forecast given the quicker transition to herd immunity, they added.The Hang Seng Index has logged six weeks of gains, its longest winning streak since the end of 2019. It rose 2.5 per cent in this holiday-shortened week, bringing the rally to 14 per cent this month, marking the best start to a year in at least three decades. The city’s stock market has regained US$487 billion of capitalisation in this year’s rally.Elsewhere, Country Garden surged 5.9 per cent to HK$3.23. China’s biggest developer said it obtained a three-year yuan-denominated loan facility worth up to US$50 million from China Minsheng Bank, according to a Hong Kong stock exchange filing.","news_type":1,"symbols_score_info":{"HSCEI":0.9,"HSTECH":0.9,"HSI":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9952592286,"gmtCreate":1674796769245,"gmtModify":1676538959389,"author":{"id":"4089116574465250","authorId":"4089116574465250","name":"MrHuattt","avatar":"https://community-static.tradeup.com/news/e67f8f8c2b0192fadc4cd499a84e6c8b","vip":1,"crmLevel":12,"crmLevelSwitch":1,"authorIdStr":"4089116574465250","idStr":"4089116574465250"},"htmlText":"Okay","listText":"Okay","text":"Okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9952592286","repostId":1197449245,"repostType":4,"repost":{"id":"1197449245","kind":"news","pubTimestamp":1674789342,"share":"https://ttm.financial/m/news/1197449245?lang=en_US&edition=fundamental","pubTime":"2023-01-27 11:15","market":"hk","language":"en","title":"Hong Kong Stocks Hold Near 11-Month High As Lunar Holiday Spending Seen Aiding China’s Recovery Momentum","url":"https://stock-news.laohu8.com/highlight/detail?id=1197449245","media":"South China Morning Post","summary":"The Hang Seng Index has gained 2.5 per cent in this holiday-shortened week as traders continue to be","content":"<html><head></head><body><ul><li>The Hang Seng Index has gained 2.5 per cent in this holiday-shortened week as traders continue to be inspired by China’s recovery momentum</li><li>Hong Kong’s equity market has recouped US$487 billion in capitalisation in this year’s rally through Thursday</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5da0815fff1c99269bf3b7efdbe7123a\" tg-width=\"1098\" tg-height=\"732\" referrerpolicy=\"no-referrer\"/><span>Stock market data seen inside the Connect Hall in Central, Hong Kong. Photo: Sam Tsang</span></p><p>Hong Kongstocks advanced, extending a rally toward an 11-month high as red-hot holiday spending in mainland China fuelled expectations the nation’s post-zero Covid economic recovery is gaining strength.</p><p>The Hang Seng Index added 0.1 per cent to 22,582.21 as of 10.55 am local time, the highest since March 1. The Tech Index added 0.6 per cent. Onshore financial markets will only reopen on Monday after a week-long Lunar New Year holiday.</p><p>Tencent Holdings jumped 1.2 per cent to HK$411.80, Baidu gained 1.6 per cent to HK$136.6 and Trip.com rose 0.5 per cent to HK$312.2. Developer Longfor rose 2 per cent to HK$27.60 while sportswear manufacturer Li Ning gained 1.2 per cent to HK$80.70.</p><p><img src=\"https://static.tigerbbs.com/c8b0ba045b8ea3dff9465d30f88ea7fc\" tg-width=\"400\" tg-height=\"721\" referrerpolicy=\"no-referrer\"/></p><p>Bookings for hotels, flights and attractions at home and abroad surged during the Lunar holiday season to their highest in three years, the Shanghai Securities Journal reported on Friday. Overall travel orders jumped fourfold over the corresponding festive season last year, it added, citing data from online travel agency Trip.com.</p><p>“Lunar New Year holiday mobility and consumption is robust as the exit wave subsides,” analysts at Nomura said in a note on Friday. China’s first-quarter growth could surpass the firm’s forecast given the quicker transition to herd immunity, they added.</p><p>The Hang Seng Index has logged six weeks of gains, its longest winning streak since the end of 2019. It rose 2.5 per cent in this holiday-shortened week, bringing the rally to 14 per cent this month, marking the best start to a year in at least three decades. The city’s stock market has regained US$487 billion of capitalisation in this year’s rally.</p><p>Elsewhere, Country Garden surged 5.9 per cent to HK$3.23. China’s biggest developer said it obtained a three-year yuan-denominated loan facility worth up to US$50 million from China Minsheng Bank, according to a Hong Kong stock exchange filing.</p><p></p></body></html>","source":"lsy1600132093512","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hong Kong Stocks Hold Near 11-Month High As Lunar Holiday Spending Seen Aiding China’s Recovery Momentum</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHong Kong Stocks Hold Near 11-Month High As Lunar Holiday Spending Seen Aiding China’s Recovery Momentum\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-27 11:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.scmp.com/business/china-business/article/3208150/hong-kong-stocks-hold-near-11-month-high-lunar-holiday-spending-seen-aiding-chinas-recovery-momentum><strong>South China Morning Post</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Hang Seng Index has gained 2.5 per cent in this holiday-shortened week as traders continue to be inspired by China’s recovery momentumHong Kong’s equity market has recouped US$487 billion in ...</p>\n\n<a href=\"https://www.scmp.com/business/china-business/article/3208150/hong-kong-stocks-hold-near-11-month-high-lunar-holiday-spending-seen-aiding-chinas-recovery-momentum\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HSCEI":"国企指数","HSTECH":"恒生科技指数","HSI":"恒生指数"},"source_url":"https://www.scmp.com/business/china-business/article/3208150/hong-kong-stocks-hold-near-11-month-high-lunar-holiday-spending-seen-aiding-chinas-recovery-momentum","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1197449245","content_text":"The Hang Seng Index has gained 2.5 per cent in this holiday-shortened week as traders continue to be inspired by China’s recovery momentumHong Kong’s equity market has recouped US$487 billion in capitalisation in this year’s rally through ThursdayStock market data seen inside the Connect Hall in Central, Hong Kong. Photo: Sam TsangHong Kongstocks advanced, extending a rally toward an 11-month high as red-hot holiday spending in mainland China fuelled expectations the nation’s post-zero Covid economic recovery is gaining strength.The Hang Seng Index added 0.1 per cent to 22,582.21 as of 10.55 am local time, the highest since March 1. The Tech Index added 0.6 per cent. Onshore financial markets will only reopen on Monday after a week-long Lunar New Year holiday.Tencent Holdings jumped 1.2 per cent to HK$411.80, Baidu gained 1.6 per cent to HK$136.6 and Trip.com rose 0.5 per cent to HK$312.2. Developer Longfor rose 2 per cent to HK$27.60 while sportswear manufacturer Li Ning gained 1.2 per cent to HK$80.70.Bookings for hotels, flights and attractions at home and abroad surged during the Lunar holiday season to their highest in three years, the Shanghai Securities Journal reported on Friday. Overall travel orders jumped fourfold over the corresponding festive season last year, it added, citing data from online travel agency Trip.com.“Lunar New Year holiday mobility and consumption is robust as the exit wave subsides,” analysts at Nomura said in a note on Friday. China’s first-quarter growth could surpass the firm’s forecast given the quicker transition to herd immunity, they added.The Hang Seng Index has logged six weeks of gains, its longest winning streak since the end of 2019. It rose 2.5 per cent in this holiday-shortened week, bringing the rally to 14 per cent this month, marking the best start to a year in at least three decades. The city’s stock market has regained US$487 billion of capitalisation in this year’s rally.Elsewhere, Country Garden surged 5.9 per cent to HK$3.23. China’s biggest developer said it obtained a three-year yuan-denominated loan facility worth up to US$50 million from China Minsheng Bank, according to a Hong Kong stock exchange filing.","news_type":1,"symbols_score_info":{"HSCEI":0.9,"HSTECH":0.9,"HSI":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":105660990,"gmtCreate":1674796781079,"gmtModify":1674796794108,"authorId":4089116574465250,"author":{"id":4089116574465250,"idStr":"4089116574465250","authorId":4089116574465250,"name":"MrHuattt","avatar":"https://community-static.tradeup.com/news/e67f8f8c2b0192fadc4cd499a84e6c8b","vip":1,"crmLevel":12,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9952592286,"type":1,"supId":0,"prevId":0,"content":"<u>yes</u>","text":"<u>yes</u>","html":"<u>yes</u>"}],"langContent":"EN"},{"id":9952598381,"gmtCreate":1674796387443,"gmtModify":1676538959310,"author":{"id":"4112855949003692","authorId":"4112855949003692","name":"kong1509","avatar":"https://community-static.tradeup.com/news/5c7779ca51cd488037d326183dfd5994","vip":1,"crmLevel":12,"crmLevelSwitch":0,"authorIdStr":"4112855949003692","idStr":"4112855949003692"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9952598381","repostId":1197449245,"repostType":4,"repost":{"id":"1197449245","kind":"news","pubTimestamp":1674789342,"share":"https://ttm.financial/m/news/1197449245?lang=en_US&edition=fundamental","pubTime":"2023-01-27 11:15","market":"hk","language":"en","title":"Hong Kong Stocks Hold Near 11-Month High As Lunar Holiday Spending Seen Aiding China’s Recovery Momentum","url":"https://stock-news.laohu8.com/highlight/detail?id=1197449245","media":"South China Morning Post","summary":"The Hang Seng Index has gained 2.5 per cent in this holiday-shortened week as traders continue to be","content":"<html><head></head><body><ul><li>The Hang Seng Index has gained 2.5 per cent in this holiday-shortened week as traders continue to be inspired by China’s recovery momentum</li><li>Hong Kong’s equity market has recouped US$487 billion in capitalisation in this year’s rally through Thursday</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5da0815fff1c99269bf3b7efdbe7123a\" tg-width=\"1098\" tg-height=\"732\" referrerpolicy=\"no-referrer\"/><span>Stock market data seen inside the Connect Hall in Central, Hong Kong. Photo: Sam Tsang</span></p><p>Hong Kongstocks advanced, extending a rally toward an 11-month high as red-hot holiday spending in mainland China fuelled expectations the nation’s post-zero Covid economic recovery is gaining strength.</p><p>The Hang Seng Index added 0.1 per cent to 22,582.21 as of 10.55 am local time, the highest since March 1. The Tech Index added 0.6 per cent. Onshore financial markets will only reopen on Monday after a week-long Lunar New Year holiday.</p><p>Tencent Holdings jumped 1.2 per cent to HK$411.80, Baidu gained 1.6 per cent to HK$136.6 and Trip.com rose 0.5 per cent to HK$312.2. Developer Longfor rose 2 per cent to HK$27.60 while sportswear manufacturer Li Ning gained 1.2 per cent to HK$80.70.</p><p><img src=\"https://static.tigerbbs.com/c8b0ba045b8ea3dff9465d30f88ea7fc\" tg-width=\"400\" tg-height=\"721\" referrerpolicy=\"no-referrer\"/></p><p>Bookings for hotels, flights and attractions at home and abroad surged during the Lunar holiday season to their highest in three years, the Shanghai Securities Journal reported on Friday. Overall travel orders jumped fourfold over the corresponding festive season last year, it added, citing data from online travel agency Trip.com.</p><p>“Lunar New Year holiday mobility and consumption is robust as the exit wave subsides,” analysts at Nomura said in a note on Friday. China’s first-quarter growth could surpass the firm’s forecast given the quicker transition to herd immunity, they added.</p><p>The Hang Seng Index has logged six weeks of gains, its longest winning streak since the end of 2019. It rose 2.5 per cent in this holiday-shortened week, bringing the rally to 14 per cent this month, marking the best start to a year in at least three decades. The city’s stock market has regained US$487 billion of capitalisation in this year’s rally.</p><p>Elsewhere, Country Garden surged 5.9 per cent to HK$3.23. China’s biggest developer said it obtained a three-year yuan-denominated loan facility worth up to US$50 million from China Minsheng Bank, according to a Hong Kong stock exchange filing.</p><p></p></body></html>","source":"lsy1600132093512","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hong Kong Stocks Hold Near 11-Month High As Lunar Holiday Spending Seen Aiding China’s Recovery Momentum</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHong Kong Stocks Hold Near 11-Month High As Lunar Holiday Spending Seen Aiding China’s Recovery Momentum\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-27 11:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.scmp.com/business/china-business/article/3208150/hong-kong-stocks-hold-near-11-month-high-lunar-holiday-spending-seen-aiding-chinas-recovery-momentum><strong>South China Morning Post</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Hang Seng Index has gained 2.5 per cent in this holiday-shortened week as traders continue to be inspired by China’s recovery momentumHong Kong’s equity market has recouped US$487 billion in ...</p>\n\n<a href=\"https://www.scmp.com/business/china-business/article/3208150/hong-kong-stocks-hold-near-11-month-high-lunar-holiday-spending-seen-aiding-chinas-recovery-momentum\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HSCEI":"国企指数","HSTECH":"恒生科技指数","HSI":"恒生指数"},"source_url":"https://www.scmp.com/business/china-business/article/3208150/hong-kong-stocks-hold-near-11-month-high-lunar-holiday-spending-seen-aiding-chinas-recovery-momentum","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1197449245","content_text":"The Hang Seng Index has gained 2.5 per cent in this holiday-shortened week as traders continue to be inspired by China’s recovery momentumHong Kong’s equity market has recouped US$487 billion in capitalisation in this year’s rally through ThursdayStock market data seen inside the Connect Hall in Central, Hong Kong. Photo: Sam TsangHong Kongstocks advanced, extending a rally toward an 11-month high as red-hot holiday spending in mainland China fuelled expectations the nation’s post-zero Covid economic recovery is gaining strength.The Hang Seng Index added 0.1 per cent to 22,582.21 as of 10.55 am local time, the highest since March 1. The Tech Index added 0.6 per cent. Onshore financial markets will only reopen on Monday after a week-long Lunar New Year holiday.Tencent Holdings jumped 1.2 per cent to HK$411.80, Baidu gained 1.6 per cent to HK$136.6 and Trip.com rose 0.5 per cent to HK$312.2. Developer Longfor rose 2 per cent to HK$27.60 while sportswear manufacturer Li Ning gained 1.2 per cent to HK$80.70.Bookings for hotels, flights and attractions at home and abroad surged during the Lunar holiday season to their highest in three years, the Shanghai Securities Journal reported on Friday. Overall travel orders jumped fourfold over the corresponding festive season last year, it added, citing data from online travel agency Trip.com.“Lunar New Year holiday mobility and consumption is robust as the exit wave subsides,” analysts at Nomura said in a note on Friday. China’s first-quarter growth could surpass the firm’s forecast given the quicker transition to herd immunity, they added.The Hang Seng Index has logged six weeks of gains, its longest winning streak since the end of 2019. It rose 2.5 per cent in this holiday-shortened week, bringing the rally to 14 per cent this month, marking the best start to a year in at least three decades. The city’s stock market has regained US$487 billion of capitalisation in this year’s rally.Elsewhere, Country Garden surged 5.9 per cent to HK$3.23. China’s biggest developer said it obtained a three-year yuan-denominated loan facility worth up to US$50 million from China Minsheng Bank, according to a Hong Kong stock exchange filing.","news_type":1,"symbols_score_info":{"HSCEI":0.9,"HSTECH":0.9,"HSI":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":123,"commentSize":11,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1197449245","isCrawlerRequest":true}