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Budget News

  • Hong Kong Market falls 1.6%
  • January 22,2021  18:52
  • Hong Kong stock market finished session steep lower on Friday, 22 January 2021, as worsening pandemic situation resulting in renewed lockdowns and tightened restrictions in China and overseas hurt sentiment.

    At closing bell, the benchmark Hang Seng Index declined 1.6%, or 479.91 points, to 29,447.85. The Hang Seng China Enterprises Index dropped 1.78%, or 212 points, to 11,677.45.

    The Hang Seng Index had risen more than 10% this year through Thursday when it surpassed the 30,000 level for the first time since May 2019. It still logged a 3.1% gain for the week, aided by record inflows of mainland cash through the southbound channels of the Stock Connect programme.

    Concerns about Covid-19 infections remain high. China reported 103 new local cases on January 21, with outbreaks lingering in northern Hebei and Heilongjiang provinces.

    CNOOC plunged 5.6% to HK$7.80, the most since November 30, after index compiler MSCI decided to delete the stock from the MSCI ACWI and MSCI China All Shares indexes.

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ATTENTION INVESTORS
"1. Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020.
 2. Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge.
 3. Pay minimum 20% upfront margin of the transaction value to trade in cash market segment.
 4. Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard.
 5. Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month.
.......... Issued in the interest of Investors"
Prevent Unauthorized Transactions in your demat/trading account --> Update your Mobile Number/email ID with your stock broker/Depository Participant. Receive information of your transactions directly from Exchanges on your mobile/email at the end of day and alerts on your registered mobile for all debits and other important transactions in your demat account directly from NSDL/CDSL on the same day. - Issued in the interest of investors.
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