Hong Kong Stocks Climb Amid Speculation of US Interest-Rate Reduction
Wednesday, 5 June 2024, 03:07
Hong Kong stocks extend gains amidst US rate cut hopes
Hong Kong equities continued their upward trend for the third day in a row, buoyed by speculations of a potential interest-rate reduction by the US following disappointing jobs data.
Market optimism drives Hang Seng Index
The Hang Seng Index made a significant recovery, erasing the losses recorded in the previous week and indicating growing investor confidence in the market.
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