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HK, China: Stocks extend gains to four days

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[HONG KONG] Hong Kong shares rose for a fourth straight day Tuesday to their highest level since summer 2015, with property firms boosted by expectations that US interest rates would rise more slowly than expected.

The Hang Seng Index rose 0.37 per cent, or 91.13 points, to close at 24,593.12.

The benchmark Shanghai Composite Index climbed 0.33 per cent, or 10.80 points, to 3,261.61. The Shenzhen Composite Index, which tracks stocks on China's second exchange, gained 0.39 per cent, or 7.89 points, to end at 2,043.94.

AFP

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