Hong Kong stocks rose on Wednesday, ending a two-day decline as China’s shaky economic outlook fuelled stimulus bets.
The Hang Seng Index rose 0.3 per cent to 26,240.34 as of 10am. The Hang Seng Tech Index rose 0.4 per cent. On the mainland, the CSI 300 Index and the Shanghai Composite Index both added about 0.1 per cent.
SMIC, mainland China’s largest semiconductor foundry, rose 3.8 per cent to HK$75.30. State-owned property developer China Overseas Land & Investment gained 2.1 per cent to…Hong Kong stocks rose on Wednesday, ending a two-day decline as China’s shaky economic outlook fuelled stimulus bets.
The Hang Seng Index rose 0.3 per cent to 26,240.34 as of 10am. The Hang Seng Tech Index rose 0.4 per cent. On the mainland, the CSI 300 Index and the Shanghai Composite Index both added about 0.1 per cent.
SMIC, mainland China’s largest semiconductor foundry, rose 3.8 per cent to HK$75.30. State-owned property developer China Overseas Land & Investment gained 2.1 per cent to…  Read More ​Business – South China Morning Post