Hong Kong stocks start week with rally
HONG KONG stocks closed with another big gain on Monday (Nov 6) after a below-par US jobs report reinforced views that the Federal Reserve will not hike interest rates again soon.
The Hang Seng Index jumped 1.71 per cent, or 302.47 points, to 17,966.59.
The Shanghai Composite Index added 0.91 per cent, or 27.61 points, to 3,058.41, and the Shenzhen Composite Index on China’s second exchange put on 2.13 per cent, or 39.97 points, to 1,914.97. 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
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
OCBC consumer banking chief Sunny Quek aims to double wealth business by 2029
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
Hengli’s ex-Singapore unit dismisses staff after US sanctions, at risk of being wound down: sources