ZCZC
BCN-29
STOCKS-MARKETS-HONGKONG-CHINA-CLOSE
Hong Kong stocks chalk up fourth straight gain
HONG KONG, June 20, 2019 (BSS/AFP) – Hong Kong stocks climbed more than one
percent Thursday for a fourth straight gain after the Federal Reserve
indicated it could cut interest rates, with speculation it will do so next
month.
The Hang Seng Index jumped 1.23 percent, or 348.29 points, to 28,550.43.
The benchmark Shanghai Composite Index rallied 2.38 percent, or 69.32
points, to 2,987.12, while the Shenzhen Composite Index, which tracks stocks
on China’s second exchange, added 1.95 percent, or 29.83 points, to 1,556.60.
BSS/AFP/HR/1430