BCN-24 Hong Kong stocks close higher on US-China trade hopes

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BCN-24

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Hong Kong stocks close higher on US-China trade hopes

HONG KONG, Sept 26, 2019 (BSS/AFP) – Hong Kong stocks ended higher
Thursday on a late surge after Beijing said China had bought a “considerable”
amount of US pork and soybeans, spurring optimism for a US-China trade deal.

The Hang Seng Index climbed 0.37 percent, or 96.58 points, to 26,041.93.

The benchmark Shanghai Composite Index fell 0.89 percent, or 26.34 points
lower, to 2,929.09 and the Shenzhen Composite Index, which tracks stocks on
China’s second exchange, shed 2.50 percent, or 41.05 points, to end at
1,597.72.

BSS/AFP/HR/1425