Hong Kong stocks extended a rally on Wednesday, taking the benchmark index close to a two-month high following upbeat US jobs data and hopes of a de-escalation in the US-China trade war.
The Hang Seng Index rose 0.5 per cent to 23,624.41 at 10.13am local time, the highest since March 19. The Hang Seng Tech Index gained 0.6 per cent. On the mainland, the CSI 300 Index climbed 0.4 per cent and the Shanghai Composite Index added 0.2 per cent.
Chinese electric-vehicle (EV) makers advanced following…Hong Kong stocks extended a rally on Wednesday, taking the benchmark index close to a two-month high following upbeat US jobs data and hopes of a de-escalation in the US-China trade war.
The Hang Seng Index rose 0.5 per cent to 23,624.41 at 10.13am local time, the highest since March 19. The Hang Seng Tech Index gained 0.6 per cent. On the mainland, the CSI 300 Index climbed 0.4 per cent and the Shanghai Composite Index added 0.2 per cent.
Chinese electric-vehicle (EV) makers advanced following… Read More
Business – South China Morning Post