Hong Kong stocks rally to nearly 2-year high on stimulus tailwind
Hong Kong stocks surged for a sixth day on Wednesday, amid growing optimism that Beijing's sweeping stimulus package could reboot the world's second-largest economy and fix the country's property market. The benchmark Hang Seng Index surged 6.2 percent on Wednesday, closing at 22,443.73 points, its highest for the past 20 months.
Hong Kong equities led gains in Asia on Friday despite rising tensions in the Middle East, while the yen rose against the dollar.
Aggressive interest rate cuts by PBoC coupled with potential expansionary fiscal policies that target consumer spending have ...
SINGAPORE: Hong Kong stocks rose more than 2% on Friday, still cheering China's massive economic stimulus proposals, while ...
Stocks jumped for a sixth straight day as gains snowballed to US$3 trillion since Beijing unveiled its biggest stimulus ...
Chinese stocks in Hong Kong edged higher in a volatile morning session as traders assessed the sustainability of the biggest ...
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