Hong Kong stocks rose by the most in six weeks amid a slide in global oil prices after US President Donald Trump claimed a tentative ceasefire between Iran and Israel, fuelling risk appetite and easing concerns about the disruption of global oil supply.
The Hang Seng Index advanced 2 per cent to 24,150.76 at the local noon break, heading for the biggest gain since May 14. The Hang Seng Tech Index rallied 2.3 per cent. The CSI 300 Index of onshore leading stocks climbed 1.1 per cent, while the…Hong Kong stocks rose by the most in six weeks amid a slide in global oil prices after US President Donald Trump claimed a tentative ceasefire between Iran and Israel, fuelling risk appetite and easing concerns about the disruption of global oil supply.
The Hang Seng Index advanced 2 per cent to 24,150.76 at the local noon break, heading for the biggest gain since May 14. The Hang Seng Tech Index rallied 2.3 per cent. The CSI 300 Index of onshore leading stocks climbed 1.1 per cent, while the… Read More
Business – South China Morning Post
