A worker walks in front of an electronic board showing the Hang Seng Index in Central, Hong Kong. Photo: AP
A worker walks in front of an electronic board showing the Hang Seng Index in Central, Hong Kong. Photo: AP

Hong Kong stocks complete four-week rally on China easing bets while Evergrande tempers bond default risks

  • Stock benchmark rose for a fourth week on optimism about China easing measures to support housing market amid an industry slump
  • Evergrande default concerns eased as developer was reported to have paid interest to offshore bondholders before Saturday’s deadline

A worker walks in front of an electronic board showing the Hang Seng Index in Central, Hong Kong. Photo: AP
A worker walks in front of an electronic board showing the Hang Seng Index in Central, Hong Kong. Photo: AP
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