Hong Kong Stocks Reach 3-Week High
Investors are optimistic due to expected finalization of a consensus deal between China and the US.
The Hang Seng Index rose 0.4% to 26,455.74, while the Hang Seng Tech Index dropped 0.1%. The CSI 300 Index and Shanghai Composite Index slid 0.3% and 0.2%, respectively.
- China Hongqiao Group surged 6.4% to HK$29.44
- Zijin Mining Group rallied 3.9% to HK$32.32
- Ping An Insurance Group gained 3.2% to HK$57.90
- HSBC Holdings added 2.1% to HK$108.70
Optimism remains ahead of the meeting between Chinese President Xi Jinping and US President Donald Trump on Thursday in South Korea.
Investors are widely expecting a deal to be finalized.
Author's summary: Hong Kong stocks climb on Xi-Trump deal hopes.
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