Hong Kong’s index rises for the third day on hope that reopening of Shenzhen border would extend lifeline to local economy

Source: South China Morning PostHong Kong’s benchmark stock index advanced for the third day, amid optimism that two consecutive weeks of zero new local infections of the Covid-19 disease puts the city on track to seek to reopen its northern border with Shenzhen, which would bolster the local economy’s recovery.The Hang Seng Index advanced 1.3 per cent to 28,545.20 at the lunch trading pause, after rising by as much as 1.5 per cent in earlier trading. As many as 50 stocks in the benchmark advanced, led by large Chinese…Read More

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