Hong Kong stocks advanced along with major regional equity markets after a US court blocked President Donald Trump’s sweeping “reciprocal tariffs”, fuelling bets global trade tensions will ease.
The Hang Seng Index rose 0.4 per cent to 23,352.46 as of 10.59am local time on Thursday, approaching a two-month high. The Hang Seng Tech Index gained 0.1 per cent. On the mainland, the CSI 300 Index and the Shanghai Composite Index both added 0.7 per cent.
Companies with sales exposures to the US led…Hong Kong stocks advanced along with major regional equity markets after a US court blocked President Donald Trump’s sweeping “reciprocal tariffs”, fuelling bets global trade tensions will ease.
The Hang Seng Index rose 0.4 per cent to 23,352.46 as of 10.59am local time on Thursday, approaching a two-month high. The Hang Seng Tech Index gained 0.1 per cent. On the mainland, the CSI 300 Index and the Shanghai Composite Index both added 0.7 per cent.
Companies with sales exposures to the US led… Read More
Business – South China Morning Post