Hong Kong shares end higher after Yellen speech
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
[HONG KONG] Shares rallied in Hong Kong Tuesday, in line with the region and Wall Street, after Federal Reserve boss Janet Yellen flagged confidence in the US economy and said any rate rises would be gradual.
The Hang Seng Index climbed 1.42 per cent, or 298.02 points, to 21,328.24.
The benchmark Shanghai Composite Index closed slightly higher, edging up 1.94 points to 2,936.04. The Shenzhen Composite Index, which tracks stocks on China's second exchange, rose 0.25 per cent, or 4.76 points, to 1,924.88.
AFP
Share with us your feedback on BT's products and services
TRENDING NOW
Autobahn Rent A Car directors declared bankrupt over S$50 million each owed to DBS
Amazon’s MGM Studios gains creative control over ‘James Bond’ franchise
UOB’s Wee Ee Cheong says S$4.9 billion Citi deal ‘paying off’ as Asean push accelerates
In taxing wealth, how far can Singapore push property owners?
