Hong Kong is grappling with a fourth wave of Covid-19 infections while the Hang Seng Index members as a group become most expensive in a decade. Photo: EPA-EFE
Hong Kong is grappling with a fourth wave of Covid-19 infections while the Hang Seng Index members as a group become most expensive in a decade. Photo: EPA-EFE

Hong Kong stocks rise to eight-month high in late charge amid Covid-19 woes with market valuation at decade-high

  • Hang Seng Index closed at an eight-month high in late-trading rally as vaccine outweighed concerns over new wave of Covid-19 infections
  • Rally in November has lifted market valuation to most expensive in a decade, based on Hang Seng Index’s price-earnings ratio

Hong Kong is grappling with a fourth wave of Covid-19 infections while the Hang Seng Index members as a group become most expensive in a decade. Photo: EPA-EFE
Hong Kong is grappling with a fourth wave of Covid-19 infections while the Hang Seng Index members as a group become most expensive in a decade. Photo: EPA-EFE
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