Hong Kong stocks rallied on Monday, rebounding from Friday’s steepest loss since April as US-China trade tensions showed signs of easing.
The Hang Seng Index rose 2.1 per cent to 25,759.2 as of 10am. The Hang Seng Tech Index surged 3 per cent.
On the mainland, the CSI 300 Index rose 0.7 per cent and the Shanghai Composite Index rose 0.6 per cent.
NetEase jumped 5.2 per cent to HK$235.40, insurance giant AIA Group added 4.8 per cent to HK$72.35 and tech giant Alibaba Group Holding gained 4.2 per…Hong Kong stocks rallied on Monday, rebounding from Friday’s steepest loss since April as US-China trade tensions showed signs of easing.
The Hang Seng Index rose 2.1 per cent to 25,759.2 as of 10am. The Hang Seng Tech Index surged 3 per cent.
On the mainland, the CSI 300 Index rose 0.7 per cent and the Shanghai Composite Index rose 0.6 per cent.
NetEase jumped 5.2 per cent to HK$235.40, insurance giant AIA Group added 4.8 per cent to HK$72.35 and tech giant Alibaba Group Holding gained 4.2 per… Read More Business – South China Morning Post