The Shanghai Composite Index has rallied on every trading day of the week, closing above the important 3,000-point resistance level that it had failed to test since the beginning of May. Photo: EPA-EFE The Shanghai Composite Index has rallied on every trading day of the week, closing above the important 3,000-point resistance level that it had failed to test since the beginning of May. Photo: EPA-EFE
The Shanghai Composite Index has rallied on every trading day of the week, closing above the important 3,000-point resistance level that it had failed to test since the beginning of May. Photo: EPA-EFE
Business /  Markets

China, Hong Kong stocks boosted by thaw in trade war, possibility of US rate cuts and deregulation of M&As by Beijing

  • Shanghai Composite Index rises 0.5 per cent to close at 3,0001.98
  • Hang Seng Index dips 0.3 per cent to close at 28,473.71, but records 5 per cent weekly gain

Topic |   Hong Kong stock market
Yujing Liu
Yujing Liu

Updated: 5:20pm, 25 Oct, 2020

Why you can trust SCMP
The Shanghai Composite Index has rallied on every trading day of the week, closing above the important 3,000-point resistance level that it had failed to test since the beginning of May. Photo: EPA-EFE The Shanghai Composite Index has rallied on every trading day of the week, closing above the important 3,000-point resistance level that it had failed to test since the beginning of May. Photo: EPA-EFE
The Shanghai Composite Index has rallied on every trading day of the week, closing above the important 3,000-point resistance level that it had failed to test since the beginning of May. Photo: EPA-EFE
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