May
26
HKEx Soars With Brokers on Optimism About Influx of China Cash
ByHong Kong’s exchange operator headed for a record close and brokerages surged on optimism that policy changes in China will spur inflows into the city’s equities.
Hong Kong Exchanges & Clearing Ltd. jumped 4.5 percent as of 10:43 a.m. local time. Brokerages Guotai Junan International Holdings Ltd. and Haitong International Securities Group Ltd. climbed at least 4.5 percent, outpacing the benchmark Hang Seng Index’s 1.4 percent advance…
HKEx Soars With Brokers on Optimism About Influx of China Cash