Hang Seng Index rises 0.8% on PBoC stimulus measures, tech and consumer shares increase.

From Google: 2024-09-23 00:39:00

The Hang Seng Index rose as the People’s Bank of China announced stimulus measures, boosting mainland China stocks. The index gained 0.8%, with gains in tech and consumer shares. Investors are optimistic about economic recovery despite concerns about US-China tensions. Tech giant Alibaba was among top gainers, rising 1.2%.



Read more at Google: Hang Seng Index Advances as PBoC Stimulus Boosts Mainland China Stocks – FX Empire