Hong Kong stocks head for 3-month high on hope of China policy easing
==========
Hong Kong stocks reached a 3-month high on 23 Sep 2024; Hang Seng Index rose 0.2% to 18,296.60; driven by China's central bank cutting the 14-day reverse repurchase rate from 1.95% to 1.85%; liquidity injection of 74.5 billion yuan (US$10.6 billion); Lenovo Group gained 3% to HK$9.68; Xiaomi advanced 3.6% to HK$20.55; Alibaba rose 0.9% to HK$87.95; Tencent added 0.2% to HK$388.80; Hang Seng Index increased 5.1% last week, best performance in almost five months; lower US interest rates provide China more room for policy easing.
#HongKong #Stocks #China #PolicyEasing #HangSengIndex #Lenovo #Xiaomi #Alibaba #Tencent #FinancialMarkets
https://www.scmp.com/business/china-business/article/3279547/hong-kong-stocks-head-3-month-high-hope-china-policy-easing
South China Morning Post /
npub1x2…knuvq
2024-09-23 02:57:07
Author Public Key
npub1x2q0x7w5tqx0x3j9tdvkvqmetarpr8axhpjq7qw5xxrcysdwtrzssknuvqPublished at
2024-09-23 02:57:07Event JSON
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"content": "Hong Kong stocks head for 3-month high on hope of China policy easing\n==========\n\nHong Kong stocks reached a 3-month high on 23 Sep 2024; Hang Seng Index rose 0.2% to 18,296.60; driven by China's central bank cutting the 14-day reverse repurchase rate from 1.95% to 1.85%; liquidity injection of 74.5 billion yuan (US$10.6 billion); Lenovo Group gained 3% to HK$9.68; Xiaomi advanced 3.6% to HK$20.55; Alibaba rose 0.9% to HK$87.95; Tencent added 0.2% to HK$388.80; Hang Seng Index increased 5.1% last week, best performance in almost five months; lower US interest rates provide China more room for policy easing.\n\n#HongKong #Stocks #China #PolicyEasing #HangSengIndex #Lenovo #Xiaomi #Alibaba #Tencent #FinancialMarkets\n\nhttps://www.scmp.com/business/china-business/article/3279547/hong-kong-stocks-head-3-month-high-hope-china-policy-easing",
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