Hong Kong stocks closed at a six-week peak on Monday, boosted by gains in tech firms and as investors cheered progress in Sino-U.S. trade talks.
The Hang Seng index rose 0.8% to 26,891.26, its highest closing level since Sept. 16, while the China Enterprises Index climbed 1.0% to 10,569.82.
U.S. and Chinese officials are œclose to finalizing some parts of a trade agreement after high-level telephone discussions on Friday, the U.S. Trade Representative™s office and China™s Commerce Ministry said, with talks to continue.
The Hang Seng information technology index closed 2% higher, with industry bellwether Meituan Dianping rising 3.5%.
Source : Reuters
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Hong Kong Stocks End Week on Strong Note (Review)
Saturday, 4 July 2020 03:45 WIB
Hong Kong shares ended higher Friday, extending the previous day's near-three percent gains, as global markets were boosted by a better-than-expected reading on US jobs creation.
The Hang Seng Index jumped 0.99 percent, or 248.93 points, to...