Hong Kong stocks advance as investors await details from China economic meeting

Quick Summary:

China’s economic work conference is expected to conclude on Thursday.

The probability of a quarter-point reduction in the benchmark interest rate at the Fed’s policy meeting next week rose to 98.4 per cent from 65.3 per cent a month ago, according to the CME Group.

China’s economic work conference is expected to conclude on Thursday, which will be followed by a statement published by the Xinhua News Agency.

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Article Details

Author / Journalist: Zhang Shidong

Category: Business

Markets: Hong KongChina

Topics: Rose Stocks Index Cent Seng Meeting Kong Policy Hong Week Hang

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-12 @ 10:23:08 (4 days ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 317 words

Reading Time: 2 minutes read

Sentences: 10 lines

Sentence Length: 32 words per sentence (average)

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

Copyright Owner: © SCMP

News ID: 24430713

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