Hang Seng closes sharply higher, China stocks bounce

Business | 19 Jul 2019 4:12 pm

Stocks in Hong Kong close sharply higher today after a rebound in the wake of more signals of a US rate cut at the end of this month.

The benchmark Hang Seng Index jumped by   1.07 percent, or 303.74 points at 28,765.40.

In mainland China, the Shanghai Stock Exchange Composite Index also added 0.79 percent, or 23.02 points at 2,924.20 at the close. The Shenzhen Stock Exchange Composite Index gained by 0.75 percent, or 11.63 points at 1,560.27.

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