Hong Kong stocks rallied more than two per cent Tuesday as world markets were given a much-needed boost by a Federal Reserve move to provide cash for firms hit by virus lockdowns.
[HONG KONG] Hong Kong stocks rallied more than two per cent Tuesday as world markets were given a much-needed boost by a Federal Reserve move to provide cash for firms hit by virus lockdowns.The benchmark Shanghai Composite Index rallied 1.44 per cent, or 41.72 points to 2,931.75 and the Shenzhen Composite Index on China's second exchange jumped 1.77 per cent, or 33.00 points to 1,898.35.For daily updates on weekdays and specially selected content for the weekend.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Hong Kong: Stocks open sharply lower on Monday[HONG KONG] Hong Kong stocks started Monday on the back foot as investors fret over signs of a fresh wave of virus infections in China and the US that has fanned concerns about the economic rebound. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Hong Kong: Stocks finish sharply lower[HONG KONG] Hong Kong stocks tumbled more than two per cent Monday as a spike in new virus infections in several countries including China and the US fanned fears of a second wave that could knock economic recovery off course. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Coronavirus: Hong Kong finance chief warns jobless rate will be worse than after global financial crisisHong Kong’s latest unemployment rate is expected to be worse than after the global financial crisis more than a decade ago while the number of people without work could soar to the highest in 15 years, the finance chief has warned.Financial Secretary Paul Chan Mo-po’s bleak assessment came a month after
Source: YahooSG - 🏆 3. / 71 Read more »