Pedestrians walk past Exchange Square in Central, Hong Kong. Hong Kong stock investors have never been so bullish in greeting a new year since 2011. Photo: EPA-EFE
Pedestrians walk past Exchange Square in Central, Hong Kong. Hong Kong stock investors have never been so bullish in greeting a new year since 2011. Photo: EPA-EFE
Stocks

Hang Seng Index marks best start to year since 2011 as banks and insurers rally while Xiaomi plunges

  • Hong Kong markets completed a third week of gains, lifting the benchmark index to highest level before the Wuhan lockdown a year ago
  • Xiaomi crashed by a record 10 per cent on US sanctions, while insurer AIA Group and Chinese bank stocks pushed the market to its best opening two weeks of year since 2011

Pedestrians walk past Exchange Square in Central, Hong Kong. Hong Kong stock investors have never been so bullish in greeting a new year since 2011. Photo: EPA-EFE
Pedestrians walk past Exchange Square in Central, Hong Kong. Hong Kong stock investors have never been so bullish in greeting a new year since 2011. Photo: EPA-EFE
READ FULL ARTICLE