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KM Financial Solutions | HK stocks rise on hopes of more China stimulus, fewer Fed rate hikes
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HK stocks rise on hopes of more China stimulus, fewer Fed rate hikes

11 Dec HK stocks rise on hopes of more China stimulus, fewer Fed rate hikes

Posted at 08:51h in News by
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Hong Kong stocks rose on Wednesday as
market participants forecast a slower pace of interest rate
hikes in the U.S. and possible policy stimulus in China.
** At the close of trade, the Hang Seng index was up 1.6
percent at 26,186.71, while the Hang Seng China Enterprises
index rose 1.7 percent.
** Gains were recorded across the board. The sub-index of the
Hang Seng tracking energy shares was up 0.7 percent,
the IT sector climbed 1.5 percent, while the financial
sector ended 1.

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