Hong Kong: Stocks close slightly higher
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[HONG KONG] Shares in Hong Kong ended slightly higher on Wednesday after a volatile day, helped by hopes the Chinese central bank will unveil fresh economy-boosting measures soon, following an interest rate cut at the start of the week.
The Hang Seng Index edged up 0.06 per cent or 15.07 points to 24,127.85.
But the Shanghai Composite Index fell 0.33 per cent or 11.73 points to 3,558.18 while the Shenzhen Composite Index on China's second exchange lost 0.92 per cent or 22.71 points to 2,442.12.
AFP
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
StarHub hands Ensign InfoSecurity control back to Temasek in S$115 million deal, books S$200 million gain
Singaporeans can now buy record amount of yen per Singdollar
Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss
Keppel DC Reit posts 13.2% higher Q1 DPU of S$0.02833 on strong portfolio performance