Hong Kong, China stocks rise on bright August economic data and progress over US stimulus package

//Hong Kong, China stocks rise on bright August economic data and progress over US stimulus package

Hong Kong, China stocks rise on bright August economic data and progress over US stimulus package

Hong Kong and China stocks climbed in early trading on Monday, driven by optimism over China’s August industrial profit data and progress over a US stimulus package.The Hang Seng Index gained 0.6 per cent to 23,373.12 as of 10am, after posting their worst week since March last week. The Shanghai Composite added 0.3 per cent to 3,228.27, while the Shenzhen Component Index rose 0.2 per cent.The gains came after China reported a fourth straight month of increase in the industrial giants’ profits…

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By | 2020-09-28T02:36:05+00:00 September 28th, 2020|Business|Comments Off on Hong Kong, China stocks rise on bright August economic data and progress over US stimulus package