Hong Kong Stocks Surge On Earnings Hopes

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2022-07-20 HKT 10:00

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  • The Hang Seng Index rose by about 1.5 percent in early trading. Photo: RTHK

    The Hang Seng Index rose by about 1.5 percent in early trading. Photo: RTHK

Hong Kong stocks rallied at the opening of trading Wednesday on hopes that the current corporate earnings season will suggest companies are withstanding the impact of higher inflation and rising interest rates.

The Hang Seng Index climbed 1.49 percent, or 307.36 points, to 20,968.42.

The Shanghai Composite Index added 0.37 percent, or 12.12 points, to 3,291.55, while the Shenzhen Composite Index rose 0.34 percent, or 7.45 points, to 2,202.37. (AFP)

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