Hong Kong Stocks Close More Than 4% Higher
"); jQuery("#212 h3").html("
"); });
2023-03-01 HKT 16:21
Share this story
Hong Kong and mainland stocks rallied more than four percent on Wednesday after forecast-busting mainland data showed factory activity expanding at its fastest pace in over 10 years, indicating the economy is rebounding from zero-Covid.
The Hang Seng Index jumped 4.2 percent, or 833 points, to 20,619.
The Shanghai Composite Index added 0.9 percent, or 32 points, to 3,312, while the Shenzhen Composite Index gained 1 percent, or 21 points, to 2,163. (AFP)
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