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Hong Kong: Stock index tops 24,000 for first time since 2022

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Published Thu, Feb 27, 2025 · 10:20 AM — Updated Thu, Feb 27, 2025 · 10:51 AM
    • The Hang Seng Index jumped 1.2 per cent to as high as 24,076.53 on Wednesday, its highest level since February 2022.
    • The Hang Seng Index jumped 1.2 per cent to as high as 24,076.53 on Wednesday, its highest level since February 2022. PHOTO: AFP

    HONG Kong’s main stock index rallied more than one per cent on Thursday to strike above 24,000 points for the first time in three years, boosted by a surge in Chinese technology giants.

    The Hang Seng Index jumped 1.2 per cent to as high as 24,076.53, its highest level since February 2022.

    Investors have been flocking into the market in recent weeks to snap up long-neglected tech names after Chinese startup DeepSeek unveiled a chatbot that upended the AI scramble.

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