HK shares end at 1-week high on stimulus prospects, Alibaba boost
Hong Kong stocks on Tuesday closed at a
one-week high as China central bank’s rate cut stoked hopes that
Beijing is keen to stem an economic slowdown with stimulus
measures, while strong demand ahead of Alibaba’s
listing boosted sentiment.
one-week high as China central bank’s rate cut stoked hopes that
Beijing is keen to stem an economic slowdown with stimulus
measures, while strong demand ahead of Alibaba’s
listing boosted sentiment.
Posted by Reuters
