Hong Kong: Shares rally after Fed minutes
[HONG KONG] Shares in Hong Kong climbed more than one per cent in opening trade on Thursday after minutes from the Federal Reserve's October policy meeting showed board members had greater confidence in the US economy.
The benchmark Hang Seng Index rose 1.06 per cent, or 234.31 points, to 22,422.57.
And in Shanghai the benchmark composite index edged up 0.15 per cent, or 5.31 points, to 3,573.78, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, added 0.34 per cent, or 7.40 points, to 2,197.28.
AFP
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Capital Markets & Currencies
Wall Street bonus rules return to regulatory agenda in third try
US: Nasdaq, S&P tumble as Netflix, chip stocks drag
Europe: L’Oreal gains cap third week of declines
China to facilitate Hong Kong IPOs and expand Stock Connect
Global equity funds see surge in outflows as rate cut hopes fade
Israel hits back, markets react; STI down 0.4%