Hong Kong Stocks End Up More Than 4%

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

Related News Programmes

"); });

2022-11-15 HKT 16:23

Share this story

facebook

  • The Hang Seng Index jumped 4.1 percent to 18,343. Image: Shutterstock

    The Hang Seng Index jumped 4.1 percent to 18,343. Image: Shutterstock

Hong Kong stocks closed more than four percent higher on Tuesday, as investors cheered Chinese moves to ease Covid-19 restrictions and the broadly positive talks between President Xi Jinping and US counterpart Joe Biden.

The Hang Seng Index jumped 4.1 percent, or 723 points, to 18,343 -- extending its rally into a third day.

The Shanghai Composite Index rose 1.6 percent, or 50 points, to 3,134, while the Shenzhen Composite Index climbed 2.1 percent, or 41 points, to 2,054. (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