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Hong Kong’s stock index rises 1.7% at the open as China’s state funds step in to prop up market

SCMP LogoSCMP8h ago

Hong Kong’s stock index rises 1.7% at the open as China’s state funds step in to prop up market - SCMP

Quick Summary:

The Hang Seng Index opened 1.7 per cent higher at 20,157.52, while the CSI 300 index opened 0.2 per cent higher at 3,597.99.

The company was “firmly” positive on the outlook of China’s capital markets and fully acknowledges the allocation values of A shares, or the yuan-denominated stocks trading on China’s onshore exchanges, the statement said.

Hong Kong’s stock index rises 1.

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Article Details

Author / Journalist: Yulu Ao

Category: Business

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-08 @ 09:33:11 (8 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 257 words

Reading Time: 2 minutes read

Sentences: 11 lines

Sentence Length: 24 words per sentence (average)

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

Copyright Owner: © SCMP

News ID: 27697154

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About SCMP

SCMP Logo

Main Topics: Business

Official Website: scmp.com

Update Frequency: 15 posts per day

Year Established: 1903

Headquarters: Hong Kong

News Last Updated: 29 minutes ago

Coverage Areas: Hong Kong

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #42

Publisher Details

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The story "Hong Kong’s stock index rises 1.7% at the open as China’s state funds step in to prop up market" has 257 words across 11 sentences, which will take approximately 2 - 3 minutes for the average person to read.

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The story "Hong Kong’s stock index rises 1.7% at the open as China’s state funds step in to prop up market" was covered 8 hours ago by SCMP, a news publisher based in Hong Kong.

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SCMP is a fully independent (privately-owned) news outlet established in 1903 that covers mostly business news.

The outlet is headquartered in Hong Kong and publishes an average of 15 news stories per day.

It's most recent story was published 29 minutes ago.

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  • News ID: #27697154
  • URL: https://beamstart.com/news/hong-kongs-stock-index-rises-17440762225963

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