Hang Seng Off To Bullish Start In Year Of The Ox

"); jQuery("#212 h3").html("

Related News Programmes

"); });

2021-02-16 HKT 10:09

Share this story

facebook

  • The Hang Seng Index jumped by nearly 2 percent. Photo: RTHK

    The Hang Seng Index jumped by nearly 2 percent. Photo: RTHK

The Hong Kong stock market on Tuesday started its first trading day in the Year of the Ox with a bang, reaching its highest level since June 2018.

The Hang Seng Index jumped more than 500 points, or 1.7 percent, to open at 30,635.

Speaking at an online ceremony to mark the first day of trading, the financial secretary Paul Chan said the local market had shown its resilience during the uncertainties of the past year.

Meanwhile, the Chief Executive Carrie Lam has hosted a virtual opening ceremony at the Chinese Gold and Silver Exchange. She said she hoped to bring more opportunities to the precious metal sector.

On Monday, Japan's benchmark Nikkei-225 share index reached its highest level in 30 years, passing the 30,000 mark and regaining the ground lost since the boom years of the eighties and early nineties.

RECENT NEWS

US Stocks Rise On Hopes Of Pause In Rate Increases

Wall Street stocks finished solidly higher on Thursday, reflecting better sentiment on the US economy and a consensus vi... Read more

China's Financial Risks 'controllable': Regulators

The head of the National Financial Regulatory Administration on Thursday told a high-profile forum in Shanghai that the ... Read more

Banks Cut Yuan Deposit Rates, Could Boost Consumption

China's biggest banks on Thursday said they have lowered interest rates on yuan deposits, in actions that could ease pre... Read more

Cheese And Wine Put EU, Australia Deal In Peril

Australia on Thursday threatened to walk away from a blockbuster free trade deal with the European Union unless its prod... Read more

US Stocks End Mixed As Tech Shares Are Sold Off

Gains by industrial companies lifted the Dow on Wednesday, while weakness among technology shares pushed the Nasdaq deci... Read more

Amazon 'plans Prime Video Streaming Service With Ads'

Amazon.com is planning to launch an advertising-supported tier of its Prime Video streaming service, the Wall Street Jou... Read more