Hong Kong's Stock Market Boosted by Strong Performance in Technology and Banking Industries

Friday, 3 May 2024, 03:24

Hong Kong stocks experienced a notable surge as the technology and banking sectors led a strong rally. The positive momentum was attributed to a dovish US Federal Reserve stance and a significant share buy-back program by Apple. Sentiment among investors remained positive following indications of additional economic support from top Chinese policymakers.
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Hong Kong's Stock Market Boosted by Strong Performance in Technology and Banking Industries

Hong Kong Stocks Rally on Strong Sectors

A dovish US Federal Reserve and a gigantic share buy-back programme from Apple lifted Hong Kong stocks with sentiment remaining upbeat after China’s top policymakers signalled further support to economic growth.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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