Hong Kong: Stocks see 12th straight rise, eye on record
[HONG KONG] Hong Kong stocks rose for a 12th day on Wednesday, putting them on track for a record high touched more than 10 years ago, while Shanghai also pressed on with an impressive rally.
The Hang Seng Index edged up 0.20 per cent, or 62.31 points, to close at 31,073.72. The index is less than 900 points short of its all-time high of 31,958.41 hit in October 2007.
The benchmark Shanghai Composite Index climbed 0.23 per cent, or 7.93 points, to 3,421.83 - a ninth-successive rise - and the Shenzhen Composite Index, which tracks stocks on China's second exchange, fell 0.33 per cent, or 6.52 points, to 1,945.66.
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
Hong Kong spot crypto ETFs to start trading next week
Greenback recovers from PMI slump, yen closes in on 155 per dollar
Hong Kong Stock Exchange bids farewell to first woman chair
Asia stocks rise on Wednesday amid Wall Street rally; STI up 0.6%
Brokerage Haitong removes long-term Hong Kong unit chief Lin, appoints new head
Asia: Stocks rise on earnings optimism as US data approaches