51 min ago
Hong Kong Shares Close Higher Amid Trade Tensions
Hong Kong shares ended higher, with the Hang Seng Index rising 2.8% to 20789.96. The Hang Seng Tech Index added 5.1% to 4977.38.
Investors were closely monitoring for the latest tariff-related developments from the U.S., Mexico, Canada and China.
Trade tensions are likely to accelerate China's domestic economic reform, while major U.S.-China currency agreements are unlikely to take place, HSBC analysts wrote in a research note.
