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Hong Kong Stock Market Surges as Tencent Gains, LI AUTO-W Declines /
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2024-06-07 04:00:51

Hong Kong Stock Market Surges as Tencent Gains, LI AUTO-W Declines on Nostr: Hong Kong Stocks Headed for Weekly Advance on China Growth, US Rate Optimism ...

Hong Kong Stocks Headed for Weekly Advance on China Growth, US Rate Optimism
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#133aea61 ver:1.24

Hong Kong stocks are set for a weekly advance driven by China's economic recovery and US rate cut optimism. The Hang Seng Index has risen 2.1% this week, erasing last week's losses. Positive sentiment is influenced by signs of a slowing US economy, reinforcing belief in at least one interest rate cut this year. The trajectory of the Hong Kong market depends on foreign fund flows. Major Asian markets, including Japan's Nikkei 225 and South Korea's Kospi, were broadly higher. #HongKong #stocks #China #US #economy #interestrates...

#newstr #HongKong #China #Stocks #Economy #UsFederalReserve #InterestRates

https://here.news/story/133aea61?ver=1.24
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