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Reading: Hong Kong rallies close to bull market territory
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Econo Asia™ > Blog > News > Markets > Hong Kong rallies close to bull market territory
Markets

Hong Kong rallies close to bull market territory

NEWSROOM
Last updated: 2024/04/29 at 10:42 AM
By NEWSROOM 1 Min Read
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Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.

Hong Kong’s benchmark stock index climbed as much as 2 per cent on Monday, extending a week-long rally and putting it on course to become the best-performing major index globally in April.

After a weak start to the year, the Hang Seng index entered a technical bull market during the day on Monday, touching a level 20 per cent above its January low, with an influx from international funds improving liquidity. The index closed 16 per cent above its January low and up more than 7 per cent this month.

Sentiment has…



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NEWSROOM April 29, 2024 April 29, 2024
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Offshore Oil and Gas Market Poised to Grow at 3.5% CAGR Through 2034
July 4, 2025
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Polypropylene In 3D Printing Market to Reach USD 6.99 Billion by 2034, Expanding at 9.7% CAGR
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