Hong Kong stocks advanced on Friday, putting the city’s benchmark on track for a weekly gain on expectations for improved earnings in some industries and additional policy support from Beijing to support growth.
The Hang Seng Index rose 1.4 per cent to 24,357.91 at 11.21am local time and the Hang Seng Tech Index gained 1.3 per cent. On the mainland, the CSI 300 Index and the Shanghai Composite Index both added 0.8 per cent.
Wuxi AppTec jumped 11 per cent to HK$88.35 after saying its first-half…Hong Kong stocks advanced on Friday, putting the city’s benchmark on track for a weekly gain on expectations for improved earnings in some industries and additional policy support from Beijing to support growth.
The Hang Seng Index rose 1.4 per cent to 24,357.91 at 11.21am local time and the Hang Seng Tech Index gained 1.3 per cent. On the mainland, the CSI 300 Index and the Shanghai Composite Index both added 0.8 per cent.
Wuxi AppTec jumped 11 per cent to HK$88.35 after saying its first-half… Read More
Business – South China Morning Post