Stocks in Hong Kong and mainland China markets soar as Beijing takes steps to restore calm after this week’s sell-off. Photo: AP
Hong Kong stocks surge as Beijing soothes frayed nerves over regulatory clampdown, pumps more liquidity into system
- Hang Seng and CSI 300 indexes climbed for a second day following a slump that erased more than US$1.2 trillion of value in local bourses
- Meituan and Tencent led a charge among Chinese tech stocks on report of a virtual call led by market regulator in Beijing
Stocks in Hong Kong and mainland China markets soar as Beijing takes steps to restore calm after this week’s sell-off. Photo: AP
