ZCZC
BCN-18
STOCKS-MARKETS-HONGKONG-NOON
Hong Kong stocks up at break, tracking Chinese surge
HONG KONG, Oct 22, 2018 (BSS/AFP) – Hong Kong stocks surged in the morning
Monday, tracking a jump of more than four percent in Shanghai after officials
unveiled tax-cut plans and President Xi Jinping added his voice to a
coordinated effort to support China’s markets.
The Hang Seng Index jumped 2.40 percent, or 612.58 points, to 26,173.98 by
the break.
Shanghai’s composite index piled on 4.17 percent, or 106.40 points, to
2,656.87.
BSS/AFP/HR/1205