The Business Times

Hong Kong: Shares track Asian markets higher as Brexit fears ease

Published Tue, Jun 21, 2016 · 08:17 AM

[HONG KONG] Hong Kong stocks rose on Tuesday, as investor sentiment in global equity markets continued to improve on growing expectations that British voters will opt to remain in the European Union in this week's referendum.

The Hang Seng index rose 0.8 per cent, to 20,668.44, while the China Enterprises Index also gained 0.8 per cent, to 8,704.40 points.

Global stock markets rallied after two opinion polls showed the "Remain" camp had recovered some ground, reversing a recent rise in support for pulling out. But a third poll found those wanting to leave were slightly ahead.

Most sectors in Hong Kong rose, with energy and IT shares leading the gains.

REUTERS

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