HK Stocks Rise For A Seventh Day In A Row
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2019-04-03 HKT 18:21
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Hong Kong stocks rose for a seventh straight day on Wednesday, in line with another regional advance on growing optimism that China and the United States will reach a trade deal.
The Hang Seng Index jumped 1.2 percent, or 361 points, to close at 29,986.
The benchmark Shanghai Composite Index climbed 1.2 percent, or 39 points, to 3,216, while the Shenzhen Composite Index gained 0.8 percent, or 14 points, to 1,772.
Trading sentiment was also lifted by data that showed activity in the mainland's services sector rose to a 14-month high in March, as demand improved at home and abroad.
Tokyo closed one percent higher, while Seoul rose 1.2 percent. Singapore piled on 0.9 percent and Taipei was up marginally. (AFP)
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