Pedestrians on an overpass with an electronic board showing Shanghai and Shenzhen stock indexes at the Lujiazui financial district in Shanghai on January 6, 2021. Photo: Reuters
Hong Kong stock index soars as US Fed’s dovish stance give investors confidence to swoop in on Tencent shareholder’s divestment
- The Hang Seng Index rose after the Fed minutes pledged loose policies to keep the recovery on track
- Tencent dropped by as much as 2.5 per cent after biggest shareholder Prosus unveiled a plan to sell a 2 per cent stake to raise about US$15 billion
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Pedestrians on an overpass with an electronic board showing Shanghai and Shenzhen stock indexes at the Lujiazui financial district in Shanghai on January 6, 2021. Photo: Reuters
