14 Jan Hong Kong shares climb on China’s stimulus pledge
Hong Kong stocks advanced on
Tuesday after Chinese officials pledged they would unveil a slew
of measures to shore up economic growth, and reiterated
confidence in the stability of yuan.
** The Hang Seng index settled 2 percent higher at 26,830.29
points. The Hang Seng China Enterprises index also rose
2 percent.
** The sub-index of the Hang Seng tracking energy shares
rose 2.7 percent, while the IT sector gained
2.2 percent, the financial sector ended almost 2 perc
Tuesday after Chinese officials pledged they would unveil a slew
of measures to shore up economic growth, and reiterated
confidence in the stability of yuan.
** The Hang Seng index settled 2 percent higher at 26,830.29
points. The Hang Seng China Enterprises index also rose
2 percent.
** The sub-index of the Hang Seng tracking energy shares
rose 2.7 percent, while the IT sector gained
2.2 percent, the financial sector ended almost 2 perc
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