Hong Kong stocks gain as China pledges to front-load policy support, hints at easing regulations on companies

//Hong Kong stocks gain as China pledges to front-load policy support, hints at easing regulations on companies

Hong Kong stocks gain as China pledges to front-load policy support, hints at easing regulations on companies

Hong Kong stocks advanced after China pledged to front-load policy support to stabilise growth next year and hinted at easing regulations on private companies.The Hang Seng Index climbed 1 per cent to 24,238.13 as at noon local time on Monday, adding to a 1 per cent gain last week. The Tech index rose 1.3 per cent, while the Shanghai Composite Index gained 1 per cent.Meituan led early winners with a 4.4 per cent rally, while Tencent Holdings appreciated 2.6 per cent. Alibaba Group Holding, the…

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By | 2021-12-13T02:26:47+00:00 December 13th, 2021|Business|Comments Off on Hong Kong stocks gain as China pledges to front-load policy support, hints at easing regulations on companies