Hong Kong: Stocks end losing streak

HONG KONG] Hong Kong stocks closed on a positive note on Wednesday to cap three days of Covid-fuelled losses as traders try to assess an expected quicker pace of monetary tightening by the Federal Reserve as it looks to tame soaring inflation.

The Hang Seng Index climbed 0.78 per cent or 183.66 points to 23,658.92.

The Shanghai Composite Index added 0.36 per cent or 13.00 points to 3,576.89 while the Shenzhen Composite Index on China's second exchange rose 0.19 per cent or 4.88 points to 2,524.14.

AFP