Hong Kong Stocks Rise for Fifth Straight Session
Hong Kong stocks rose for the fifth consecutive session, with the Hang Seng climbing 107 points to 25,909. Gains were driven by optimism in AI-related shares and hopes for further Fed rate cuts. Traders also watched the National People’s Congress Standing Committee meeting for potential government stimulus. Hong Kong’s annual inflation stood at 1.2% in November. Early gainers included CSPC Pharmaceutical Group, Zhongsheng Group, Ping An Insurance, Li Ning, and PetroChina.
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