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HK stocks rebound after Wall Street hit fresh highs

Wednesday, 25 October 2017


Hong Kong stocks rebounded on Wednesday, after Wall Street hit fresh highs overnight as earnings statements from several major US companies lifted investors outlook for the global economy.

Hong Kong stocks rose, drawing inspiration from sustained strength that drove Wall Street record highs, reports Reuters.

The Hang Seng index added 0.7 per cent, to 28,360.59 points, while the Hong Kong China Enterprises Index gained 1.1 per cent, to 11,529.84.