The Business Times

Hong Kong: Stocks end sharply higher

Published Thu, Dec 12, 2019 · 08:41 AM

[HONG KONG] Hong Kong stocks surged more than one per cent Thursday after the Federal Reserve indicated it would leave interest rate unchanged next year, while investors are keeping tabs on the China-US trade talks.

The Hang Seng index climbed 1.31 per cent, or 348.71 points, to 26,994.14.

But the benchmark Shanghai Composite Index fell 0.30 per cent, or 8.72 points, to 2,915.70 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, dropped 0.19 per cent, or 3.17 points, to 1,636.33.

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