Hong Kong stocks hit 3-month high on rate-cut hopes, bets on fund inflows Zhang Shidong Business – South China Morning Post

Hong Kong stocks rose to a three-month high, tracking overnight gains in US equities, on speculation the Federal Reserve will resume cutting interest rates sooner this year amid a slump in global oil prices.
The Hang Seng Index gained 0.8 per cent to 24,379.86 at 10.11am local time, heading for the highest close since March 19. The Hang Seng Tech Index rallied 1.9 per cent. On the mainland, the CSI 300 Index added 0.1 per cent while the Shanghai Composite Index was little changed.
Alibaba Group…Hong Kong stocks rose to a three-month high, tracking overnight gains in US equities, on speculation the Federal Reserve will resume cutting interest rates sooner this year amid a slump in global oil prices.
The Hang Seng Index gained 0.8 per cent to 24,379.86 at 10.11am local time, heading for the highest close since March 19. The Hang Seng Tech Index rallied 1.9 per cent. On the mainland, the CSI 300 Index added 0.1 per cent while the Shanghai Composite Index was little changed.
Alibaba Group…  Read More 

​Business – South China Morning Post