ZCZC
BCN-11
STOCKS-HONGKONG-CHINA-CLOSE
Hong Kong stocks press on with rally
HONG KONG, Dec 19, 2017 (BSS/AFP) – Hong Kong stocks on Tuesday built on the
previous day’s rally as traders again took their cue from record-breaking US
markets, fuelled by optimism that long-awaited tax cuts will be agreed this
week.
The Hang Seng Index rose 0.70 percent, or 203.25 points, to close at
29,253.66.
The benchmark Shanghai Composite Index advanced 0.88 percent, or 28.62
points, to 3,296.54. The Shenzhen Composite Index, which tracks stocks on
China’s second exchange, gained 0.87 percent, or 16.49 points, to 1,905.62.
BSS/AFP/SR/1610 HRS