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KM Financial Solutions | Hong Kong stocks climb on dovish Fed, yuan rally
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Hong Kong stocks climb on dovish Fed, yuan rally

09 Jan Hong Kong stocks climb on dovish Fed, yuan rally

Posted at 09:02h in News by
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Hong Kong shares rose for the
fifth straight day on Thursday, as a cautious U.S. Federal
Reserve and a firmer yuan lifted market sentiment.
** At the close of trade, the Hang Seng index was up 0.2
percent at 26,521.43 points. The Hang Seng China Enterprises
index rose 0.4 percent.
** Investors were encouraged after Fed minutes revealed on
Wednesday that the U.S. central bank is willing to wait before
delivering more rate hikes, said Patrick Yiu, managing director
at

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