Hong Kong stocks rose on Monday after data showed a rebound in China’s industrial profits, easing concerns over corporate earnings pressure in the world’s second-largest economy.
The Hang Seng Index added 1.4 per cent to 26,503.55 as of 11am local time, recovering some of the 1.6 per cent loss recorded last week. The Hang Seng Tech Index rose 1.9 per cent. On the mainland, the CSI 300 Index lifted 0.6 per cent and the Shanghai Composite Index strengthened 0.2 per cent.
Technology firms led the…Hong Kong stocks rose on Monday after data showed a rebound in China’s industrial profits, easing concerns over corporate earnings pressure in the world’s second-largest economy.
The Hang Seng Index added 1.4 per cent to 26,503.55 as of 11am local time, recovering some of the 1.6 per cent loss recorded last week. The Hang Seng Tech Index rose 1.9 per cent. On the mainland, the CSI 300 Index lifted 0.6 per cent and the Shanghai Composite Index strengthened 0.2 per cent.
Technology firms led the…  Read More ​Business – South China Morning Post