FILE PHOTO: A trader works on the trading floor at the New York Stock Exchange in December 2022. Photo: Reuters
Hong Kong stocks complete fourth week of gain as slower US inflation boosts risk appetite, Fed rate outlook
- Local stocks completed a fourth week of gains as slower US inflation fuelled risk appetite, bets on a less hawkish Fed in 2023
- Rally so far this year has added some US$800 billion of market capitalisation in Hong Kong and mainland bourses
FILE PHOTO: A trader works on the trading floor at the New York Stock Exchange in December 2022. Photo: Reuters
Corrected [3:26pm, 13 Jan, 2023]
- [3:26pm, 13 Jan, 2023]
Corrects headline and first paragraph to say fourth week of advance, and weekly percentage move in the fourth
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