Stocks in Hong Kong and mainland China are holding on to recent gains as the Lunar New Year approaches Photo: EPA-EFE
Hong Kong stocks rise to two-week high as oil, casino stocks advance in reflation trade amid PBOC policy assurance
- China’s central bank pledges to keep policy flexible and precise and to prioritise stability and avoid ‘sharp turns’ in decisions
- Casino stocks rallied after several upgrades by JPMorgan, while oil climbs to more than one-year high
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Hang Seng Index
Stocks in Hong Kong and mainland China are holding on to recent gains as the Lunar New Year approaches Photo: EPA-EFE