Source:
https://scmp.com/business/companies/article/1986519/hong-kong-shares-gain-dovish-fed-tone-interest-ratesMarkets
Hong Kong shares gain from dovish Fed tone on interest rates
Risk-averse sentiment continues, boosting mining stocks, but turnover remains low
Investors at a stock trading hall in Changchun, the capital of northeast China's Jilin Province. Photo: Xinhua
Hong Kong stocks edged higher on Thursday as the mood was bolstered by the dovish tone of the minutes from the Federal Reserve’s June meeting, which suggested the odds of a rate hike are diminishing.
Risk-averse sentiment was strong as gold-related stocks climbed to one-year highs while market turnover remained at a low level.