Hong Kong shares soar 9% on China pledge to support economy
https://apnews.com/78b45cd54ec5594ecd289d97c3d6b923
TOKYO (AP) — Hong Kong’s share benchmark, the Hang Seng index, soared 9% on Wednesday after a senior Chinese official said Beijing would provide more support for the slowing Chinese economy.
The surge was a reprieve from recent heavy selling of Chinese technology companies and other pressures that had taken the Hang Seng to six-year lows.
Hong Kong shares soar 9% on China pledge to support economy
Mar 16, 2022, 8:15am UTC
https://apnews.com/78b45cd54ec5594ecd289d97c3d6b923
> TOKYO (AP) — Hong Kong’s share benchmark, the Hang Seng index, soared 9% on Wednesday after a senior Chinese official said Beijing would provide more support for the slowing Chinese economy.
> The surge was a reprieve from recent heavy selling of Chinese technology companies and other pressures that had taken the Hang Seng to six-year lows.