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Hong Kong: Stocks post big gains

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Shanghai and Hong Kong stocks ended with healthy gains Wednesday as weak Chinese data saw investors bet on fresh stimulus, while they were also buoyed by positive comments from Donald Trump regarding the trade row.

[HONG KONG] Shanghai and Hong Kong stocks ended with healthy gains Wednesday as weak Chinese data saw investors bet on fresh stimulus, while they were also buoyed by positive comments from Donald Trump regarding the trade row.

The benchmark Shanghai Composite Index rose 1.91 per cent, or 55.07 points, to 2,938.68, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, rallied 2.32 per cent, or 35.85 points, to 1,577.92.

The Hang Seng Index added 0.52 per cent, or 146.69 points, to 28,268.71.

AFP

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