Caixin
Oct 05, 2022 05:40 PM
FINANCE

Hong Kong Stocks Surge After Holiday, Joining Global Rally

The Two International Finance Center towers above other buildings in Hong Kong in May 2021. Photo: Bloomberg
The Two International Finance Center towers above other buildings in Hong Kong in May 2021. Photo: Bloomberg

(Bloomberg) — Stocks in Hong Kong surged by the most since mid-March as trading in the financial hub resumed after a holiday, playing catch-up to the rally in global equities.  

The benchmark Hang Seng Index jumped more than 6% on Wednesday, led by tech and finance names. The Hang Seng China Enterprises Index of Chinese firms listed in the city surged as much as 6.7%. Such gains may boost mainland shares once they reopen next week after the Golden Week holiday.

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