Hong Kong and China stocks rose after US House Speaker and Democratic leader Nancy Pelosi (above) and Treasury Secretary Steven Mnuchin agreed to resume talks on a US$2.4 trillion coronavirus stimulus plan. Photo: Reuters Hong Kong and China stocks rose after US House Speaker and Democratic leader Nancy Pelosi (above) and Treasury Secretary Steven Mnuchin agreed to resume talks on a US$2.4 trillion coronavirus stimulus plan. Photo: Reuters
Hong Kong and China stocks rose after US House Speaker and Democratic leader Nancy Pelosi (above) and Treasury Secretary Steven Mnuchin agreed to resume talks on a US$2.4 trillion coronavirus stimulus plan. Photo: Reuters

Hong Kong’s Hang Seng Index has best day in a month driven by gains in HSBC, China economic data

  • Although China reported a fourth straight month of increase in industrial giants’ profits in August, the Shanghai benchmark ended lower
  • HSBC shares surge 7.8 per cent to HK$30.4 after Ping An said it had bought HK$305.5 million worth of the bank’s shares on Friday

Topic |   Stocks
Hong Kong and China stocks rose after US House Speaker and Democratic leader Nancy Pelosi (above) and Treasury Secretary Steven Mnuchin agreed to resume talks on a US$2.4 trillion coronavirus stimulus plan. Photo: Reuters Hong Kong and China stocks rose after US House Speaker and Democratic leader Nancy Pelosi (above) and Treasury Secretary Steven Mnuchin agreed to resume talks on a US$2.4 trillion coronavirus stimulus plan. Photo: Reuters
Hong Kong and China stocks rose after US House Speaker and Democratic leader Nancy Pelosi (above) and Treasury Secretary Steven Mnuchin agreed to resume talks on a US$2.4 trillion coronavirus stimulus plan. Photo: Reuters
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