HONG KONG: Shares in Hong Kong have surged for a second straight day, in line with a broad global rally on hopes Beijing will push on with
further measures to kick-start growth in the Chinese economy.
In Hong Kong the Hang Seng Index soared 4.10 per cent, or 872.27 points, to close at 22,131.31 on Wednesday. The index climbed 3.28 per cent Tuesday.
Shanghai’s benchmark composite index added 2.29 per cent, or 72.64 points, to 3,243.09 – adding to the near three per cent advance on Tuesday.
The Shenzhen Composite Index, which tracks stocks on China’s second exchange, jumped 3.29 per cent, or 57.30 points, to 1,798.84. The day before it tacked on 3.28 per cent.
