Hong Kong shares gain most in 5 months as China cuts tariffs on U.S. imports
Hong Kong shares jumped more
than 2.5% on Thursday, the most in five months, after Beijing
announced it will slash tariffs on some U.S. imports, in a move
to aid an economy pressured by the coronavirus epidemic.
** At the close of trade, the Hang Seng index was up 2.6%
at 27,493.70, marking its largest daily percentage gain since
Sept. 4, 2019. The Hang Seng China Enterprises index
rose 2.6%.
** The sub-index of the Hang Seng tracking energy shares
rose 4%, the IT se
than 2.5% on Thursday, the most in five months, after Beijing
announced it will slash tariffs on some U.S. imports, in a move
to aid an economy pressured by the coronavirus epidemic.
** At the close of trade, the Hang Seng index was up 2.6%
at 27,493.70, marking its largest daily percentage gain since
Sept. 4, 2019. The Hang Seng China Enterprises index
rose 2.6%.
** The sub-index of the Hang Seng tracking energy shares
rose 4%, the IT se
Posted by Reuters
