HK shares hit over 2-1/2-year high ahead of China's return from holiday

Quick Summary:

SINGAPORE: Hong Kong shares hit their highest in over two-and-a-half years on Monday, with tech and tourism stocks surging ahead of China's return from a week-long holiday.

Authorities cut rates and hinted at fiscal support to shore up an economy that, by Chinese standards, is ailing.

The Hang Seng touched its highest since February 2022 and closed 1.6% higher at 23.099.78.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: EconomyBusiness

Markets: MalaysiaChinaHong KongMacauSingapore

Topics: /Business/Business News Markets Hang Seng

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-07 @ 16:53:00 (2 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 401 words

Reading Time: 3 minutes read

Sentences: 20 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 22920366

View Article Analysis

About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 33 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 32 minutes ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #22

Publisher Details

Frequently Asked Questions