Hong Kong stocks surge after extradition bill withdrawal reports

  • 📰 YahooSG
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 71%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

HSBC rose 3.4% on the news, and troubled airliner Cathay Pacific soared nearly 9%. YahooFinance

Hong Kong's stock market soared Wednesday after local media reported that the city's embattled leader is planning to fully withdraw a loathed extradition bill, one of the main demands of pro-democracy protesters.

The protests evolved into a wider democracy campaign involving clashes between protesters and police, in the biggest challenge to China's rule of Hong Kong since its 1997 handover from the British. One pro-establishment lawmaker who asked to remain anonymous told AFP that their camp was being summoned to meet with Lam on Wednesday afternoon at 4pm ahead of an expected major announcement -- although the lawmaker said he did not know what the announcement would be.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 3. in SE

Sverige Senaste nytt, Sverige Rubriker