27 Dec China stocks led up by consumer plays; HK follows Asian markets higher
SHANGHAI, Dec 28 (Reuters) – China stocks rose on Thursday,
inspired by a jump in consumer shares after the
nation’s leading liquor maker Kweichow Moutai
forecast a 58 percent surge in 2017 profit.
** Hong Kong shares also firmed, as Asian shares rose to a
one-month high and were on track for their best annual
performance since 2009. The upbeat mood eclipsed signs of
liquidity stress in Chinese money market
inspired by a jump in consumer shares after the
nation’s leading liquor maker Kweichow Moutai
forecast a 58 percent surge in 2017 profit.
** Hong Kong shares also firmed, as Asian shares rose to a
one-month high and were on track for their best annual
performance since 2009. The upbeat mood eclipsed signs of
liquidity stress in Chinese money market
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