About: http://data.cimple.eu/news-article/bac92fe7c0338b896d79cefbf9ce2309899344d9ac990fe8beb180d7     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

AttributesValues
rdf:type
schema:articleBody
  • Shanghai stocks rallied more than one percent Tuesday, recovering some of the previous day's rout, boosted by bargain-buying and a huge injection of cash into the financial system by China's central bank. The benchmark Shanghai Composite Index jumped 1.34 percent, or 36.68 points, to 2,783.29, while the Shenzhen Composite Index -- which tracks stocks on China's second exchange -- climbed 1.80 percent, or 29.02 points, to 1,638.02. Hong Kong's benchmark Hang Seng Index rose 1.21 percent, or 319.00 points, to close at 26,675.98. Shen Zhengyang, an analyst with Northeast Securities, said investors took heart from Beijing's policy moves and the expectations of more to come. The government pumped 1.2 trillion yuan ($173 billion) into the economy on Monday to help stabilise markets, followed by almost $60 billion more on Tuesday. "But no turnaround will last long unless the (coronavirus) epidemic situation starts to dramatically improve," Shen said. "The outbreak will definitely have a big impact on economic growth and the earnings of listed companies. Trading in the next few days is likely to be choppy." In Hong Kong, investors built on Monday's modest gains as they track developments in the outbreak, with little major reaction to news of the first virus-linked death in the city. Casino operators were deep in the red, however, after authorities in Macau said they would close all gaming houses in the gambling hub for two weeks. The move came as the former Portuguese colony confirmed its tenth case of the virus, which has killed more than 400 people in China, infected tens of thousands, and spread to more than 20 countries. Sands China fell two percent, Galaxy Entertainment was down 2.3 percent and Wynn Macau sank 1.7 percent. The only other time Macau closed its casinos was in 2018, when the city was hit directly by a typhoon. dan/fox
schema:headline
  • Shanghai and Hong Kong stocks climb, but nerves remain
schema:mentions
schema:author
schema:datePublished
http://data.cimple...sPoliticalLeaning
http://data.cimple...logy#hasSentiment
http://data.cimple...readability_score
Faceted Search & Find service v1.16.115 as of Oct 09 2023


Alternative Linked Data Documents: ODE     Content Formats:   [cxml] [csv]     RDF   [text] [turtle] [ld+json] [rdf+json] [rdf+xml]     ODATA   [atom+xml] [odata+json]     Microdata   [microdata+json] [html]    About   
This material is Open Knowledge   W3C Semantic Web Technology [RDF Data] Valid XHTML + RDFa
OpenLink Virtuoso version 07.20.3238 as of Jul 16 2024, on Linux (x86_64-pc-linux-musl), Single-Server Edition (126 GB total memory, 3 GB memory in use)
Data on this page belongs to its respective rights holders.
Virtuoso Faceted Browser Copyright © 2009-2025 OpenLink Software