Business/ Markets

Hang Seng jumps on heels of big pro-democracy win in Hong Kong elections; Tencent, Wharf REIC among gainers

Name: SCMP
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Zhang Shidong and Deb Price

Published: 9:23am, 25 Nov, 2019

Updated: 5:10pm, 25 Nov, 2019

Why you can trust SCMP

Pro-democracy supporters celebrate huge gains in the district council elections. Protests have weighed on trading sentiment in Hong Kong. Photo: AP

Good day, traders --

Pro-democracy voters scored a big win Sunday, gaining a majority in 17 of the 18 district councils, in a landslide defeat of the pro-Beijing camp. (Read full SCMP story here.)

The results boosted the Hang Seng, as traders hope it will mean the violence of recent protests will subside.

Meanwhile, mainland markets rallied as well.

Catch up on the day's action below.

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-- Zhang Shidong and Deb Price in Hong Kong

Note: Information in this blog is on an "as is" basis and not a solicitation or offer to buy or sell any securities or otherwise; and is not investment/professional advice or services in this regard. It is subject to our T&C. SCMP (as defined in T&C) shall not be liable for any loss, damage and costs relating to any investments in securities or otherwise in this connection.