Hong Kong Stocks Begin With Big Gains

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

Related News Programmes

"); });

2023-01-05 HKT 09:49

Share this story

facebook

  • Economy-boosting measures by the mainland lifted the Hang Seng Index at the start of trading on Thursday. Photo: RTHK

    Economy-boosting measures by the mainland lifted the Hang Seng Index at the start of trading on Thursday. Photo: RTHK

Hong Kong shares jumped more than two percent at the start of trade on Thursday morning following a strong lead from Wall Street and on hopes for economy-boosting measures by the mainland as it rolls back its zero-Covid policy.

The Hang Seng Index rallied 2.42 percent, or 502 points, to 21,295.

The Shanghai Composite Index added 0.30 percent, or 9.24 points, to 3,132, while the Shenzhen Composite Index gained 0.27 percent, or 5.47 points, to 2,010. (AFP)

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