The Business Times

Hong Kong: Stocks close higher on US-China trade hopes

Published Thu, Sep 26, 2019 · 08:36 AM

[HONG KONG] Hong Kong stocks ended higher Thursday on a late surge after Beijing said China had bought a "considerable" amount of US pork and soybeans, spurring optimism for a US-China trade deal.

The Hang Seng Index climbed 0.37 per cent, or 96.58 points, to 26,041.93.

The benchmark Shanghai Composite Index fell 0.89 per cent, or 26.34 points lower, to 2,929.09 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, shed 2.50 per cent, or 41.05 points, to end at 1,597.72.

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

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here