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Hong Kong stocks close higher

iconRTHK·HK

2024-05-09 17:50

Hong Kong shares ended with another advance on Thursday as traders welcomed forecast-beating Chinese trade data and on lingering optimism that the Fed...
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  The Hang Seng Index rose 1.2 percent to 18,537. Image: Shutterstock

  Hong Kong shares ended with another advance on Thursday as traders welcomed forecast-beating Chinese trade data and on lingering optimism that the Federal Reserve will cut interest rates this year.

  The Hang Seng Index rose 1.2 percent, or 223 points, to 18,537.

  The Shanghai Composite Index added 0.8 percent, or 25 points, to 3,154, while the Shenzhen Composite Index gained 1.3 percent, or 23 points, to 1,796. (AFP)

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