The Business Times

Hong Kong: Stocks extend gains to eighth day

Published Wed, Jul 19, 2017 · 08:27 AM

[HONG KONG] Hong Kong stocks rose for an eighth-straight day on Wednesday, boosted by interest from mainland traders concerned about a Beijing crackdown on high-risk dealing on financial markets.

The Hang Seng Index climbed 0.56 per cent, or 147.22 points to 26,672.16.

And the benchmark Shanghai Composite Index rallied 1.36 per cent higher, or 43.41 points, to 3,230.98 while the Shenzhen Composite Index, which tracks stocks on China's second exchange, gained 1.53 per cent, or 27.73 points, to 1,839.06 on hopes for a strong earnings season.

AFP

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Capital Markets & Currencies

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here