Pedestrians walk past a screen showing stock tickers outside the Exchange Square in Central, Hong Kong on March 14. Photo: EPA-EFE
Pedestrians walk past a screen showing stock tickers outside the Exchange Square in Central, Hong Kong on March 14. Photo: EPA-EFE

Hong Kong stocks log weekly gain as bank rescue plans stem global rout, Baidu surges while China restores calm in bond market

  • A group of big US banks pledged to deposit US$30 billion to pre-empt a liquidity crisis at First Republic Bank, cheering stock markets
  • China restored live bond pricing in the US$21 billion local debt market, days after shutting off access on data security concerns

Pedestrians walk past a screen showing stock tickers outside the Exchange Square in Central, Hong Kong on March 14. Photo: EPA-EFE
Pedestrians walk past a screen showing stock tickers outside the Exchange Square in Central, Hong Kong on March 14. Photo: EPA-EFE
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