People walk by an electronic stock board of a securities firm in Tokyo, Japan in March 2020. Stocks in Asia-Pacific markets get a boost from progress in US stimulus talks. Photo: AP People walk by an electronic stock board of a securities firm in Tokyo, Japan in March 2020. Stocks in Asia-Pacific markets get a boost from progress in US stimulus talks. Photo: AP
People walk by an electronic stock board of a securities firm in Tokyo, Japan in March 2020. Stocks in Asia-Pacific markets get a boost from progress in US stimulus talks. Photo: AP

Hong Kong stocks rise as WuXi Biologics, Alibaba power gains, Asian markets get US stimulus boost

  • Hang Seng Index rose for the fourth day on outlook for Covid-19 vaccine trials, progress on US virus-relief package
  • Cathay Pacific jumped to a one-month high after announcing a HK$2.2 billion restructuring, eliminating 8,500 jobs in its biggest cut ever

Topic |   Hong Kong stock market
People walk by an electronic stock board of a securities firm in Tokyo, Japan in March 2020. Stocks in Asia-Pacific markets get a boost from progress in US stimulus talks. Photo: AP People walk by an electronic stock board of a securities firm in Tokyo, Japan in March 2020. Stocks in Asia-Pacific markets get a boost from progress in US stimulus talks. Photo: AP
People walk by an electronic stock board of a securities firm in Tokyo, Japan in March 2020. Stocks in Asia-Pacific markets get a boost from progress in US stimulus talks. Photo: AP
READ FULL ARTICLE