Hong Kong stocks head for longest rising streak in 3 weeks on cooling US inflation data Zhang Shidong Business – South China Morning Post

Hong Kong stocks rose for a third day on Friday, putting the benchmark gauge on course for its longest winning streak in three weeks, after softer US inflation data bolstered the case for monetary easing that would allay concerns about frothy valuations of global equities.
The Hang Seng Index advanced 0.7 per cent to 25,578.54 as of 11.27am local time, paring the weekly loss to 1.1 per cent. The Hang Seng Tech Index gained 1.1 per cent.
On the mainland, the CSI 300 Index climbed 0.7 per cent and…Hong Kong stocks rose for a third day on Friday, putting the benchmark gauge on course for its longest winning streak in three weeks, after softer US inflation data bolstered the case for monetary easing that would allay concerns about frothy valuations of global equities.
The Hang Seng Index advanced 0.7 per cent to 25,578.54 as of 11.27am local time, paring the weekly loss to 1.1 per cent. The Hang Seng Tech Index gained 1.1 per cent.
On the mainland, the CSI 300 Index climbed 0.7 per cent and…  Read More ​Business – South China Morning Post