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Hong Kong Stocks Hit Near 4-Week High as China Steps Up Support

Monday, 17 February 2020 16:12 WIB

SahamHongkong IndeksHangSeng

Hong Kong stocks rose to the highest level in almost four weeks on Monday as Beijing stepped up policy stimulus to cushion the economic impact from the coronavirus outbreak.

The Hang Seng index closed up 0.5% at 27,959.60, after touching its highest level since Jan. 22. The Hang Seng China Enterprises index gained 0.9%.

The sub-index of the Hang Seng tracking energy shares rose 0.1%, the IT sector gained 0.7%, the financial sector ended 0.4% higher and the property sector edged up 0.2%.

Source : Reuters

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