Hong Kong stocks rallied more than one percent in the opening minutes of trade Monday after China unveiled measures to make it easier for banks to lend, and the head of the Federal Reserve sounded a dovish note on interest rates.
The Hang Seng Index jumped 1.52 percent, or 389.81 points, to 26,015.84.
The benchmark Shanghai Composite Index gained 0.55 percent, or 13.83 points, to 2,528.70, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, opened 0.59 percent, or 7.58 points, higher to 1,287.07.
Source: AFP
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Hong Kong stocks end with healthy gains (Review)
Friday, 6 December 2019 04:31 WIB
Hong Kong stocks rose Thursday as trade hopes returned following a report saying US and Chinese officials were closing in on a mini deal.
The Hang Seng index added 0.59 percent, or 154.48 points, to 26,217.04.
The benchmark Shanghai Composite...