Hong Kong stocks hit 4-year high as China inflation data boosts rate cut hope Zhang Shidong Business – South China Morning Post

Hong Kong stocks rose to a four-year high on Wednesday amid hopes that China will cut interest rates after consumer prices slipped further, alongside expectations of a similar move by the US Federal Reserve.
The Hang Seng Index advanced 1.1 per cent to 26,225.60 as of 10.12am local time, poised for the highest close since September 10, 2021. The Hang Seng Tech Index gained 2.1 per cent.
On the mainland, the CSI 300 Index and the Shanghai Composite Index both added 0.2 per cent.
China Unicom…Hong Kong stocks rose to a four-year high on Wednesday amid hopes that China will cut interest rates after consumer prices slipped further, alongside expectations of a similar move by the US Federal Reserve.
The Hang Seng Index advanced 1.1 per cent to 26,225.60 as of 10.12am local time, poised for the highest close since September 10, 2021. The Hang Seng Tech Index gained 2.1 per cent.
On the mainland, the CSI 300 Index and the Shanghai Composite Index both added 0.2 per cent.
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