Hong Kong: Stocks end sharply higher
[HONG KONG] Hong Kong shares rallied Tuesday, in line with an Asia-wide advance, after the Federal Reserve announced a huge bond-buying package aimed at providing support to the US economy during the coronavirus crisis.
The Hang Seng Index added 4.46 per cent, or 967.36 points, to close at 22,663.49.
The benchmark Shanghai Composite Index jumped 2.34 per cent, or 62.27 points, to 2,722.44 and the Shenzhen Composite Index on China's second exchange gained 2.10 per cent, or 34.34 points, to 1,666.22.
AFP
KEYWORDS IN THIS ARTICLE
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
Mixed trading in Asia as investors watch for further macro data; STI down 0.2%
Vietnam delays launch of new stock trading system
Hong Kong bourse regains favour on hopes of a market revival
Asia: Markets rise as strong US tech earnings offset poor data
Singapore shares open lower on Friday; STI down 0.1%
Stocks to watch: CLI, Great Eastern, MIT, Sheng Siong, iFast, OUE, Far East Orchard