Hong Kong stocks rose to the highest level in almost four years, with gains driven by bets that the Federal Reserve will cut interest rates this month, spurring inflows and demand for risk assets in Asia.
The Hang Seng Index rose 1.3 per cent to 25,967.62 as of 11am local time, heading for the highest close since October 26, 2021. The Hang Seng Tech Index gained 1.7 per cent.
On the mainland, the CSI 300 Index slipped 0.1 per cent and the Shanghai Composite Index was little changed.
Gold… Hong Kong stocks rose to the highest level in almost four years, with gains driven by bets that the Federal Reserve will cut interest rates this month, spurring inflows and demand for risk assets in Asia.
The Hang Seng Index rose 1.3 per cent to 25,967.62 as of 11am local time, heading for the highest close since October 26, 2021. The Hang Seng Tech Index gained 1.7 per cent.
On the mainland, the CSI 300 Index slipped 0.1 per cent and the Shanghai Composite Index was little changed.
Gold…  Read More  South China Morning Post​