HK stocks rally after Trump holds fire
The US president's speech on Friday was heated but lacking in specifics, easing investors' concerns
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Hong Kong
HONG Kong stocks rose, with the benchmark index capping its best day in more than two months, on speculation that the United States will not take extreme steps in response to China's crackdown on the city.
The Hang Seng Index closed 3.4 per cent higher, led by real estate firms, after falling almost 7 per cent last month. Shares on the mainland also climbed, with the CSI 300 Index advancing 2.7 per cent.
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