Hong Kong: Stocks enjoy strong start to day
Add BT as a preferred source
HONG KONG shares rallied at the start of business Thursday (Jun 16) as traders cheered a sharp interest rate hike by the Federal Reserve that analysts said signalled its determination to fight inflation.
The Hang Seng Index added 0.97 per cent, or 207.43 points, to 21,515.64.
The Shanghai Composite Index was more muted, edging up 1.43 points to 3,306.84, while the Shenzhen Composite Index on China's second exchange was also flat, inching 0.63 points higher to 2,099.63. 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.
Share with us your feedback on BT's products and services
TRENDING NOW
Singapore at 61: How we can ensure opportunity, security and ownership for the next generation
With tech for fact-checking to cancer care, Singapore startups aim beyond home
Vietnam seeks US$76 billion a year from capital markets to ease reliance on banks
Why Asean matters more than ever to the UK and Singapore
