Hong Kong Stocks Surge Most Since March on Return From Holiday
- Hang Seng Index jumps nearly 6%, catching up to global rally
- Gains may boost mainland shares when markets reopen next week
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Stocks in Hong Kong surged the most since mid-March as trading in the financial hub resumed after a holiday, playing catch-up to the rally in global equities.
The benchmark Hang Seng Index jumped 5.9% on Wednesday, led by tech and finance names. The Hang Seng China Enterprises Index of Chinese firms listed in the city surged 6.3%. Such gains may boost mainland shares once they reopen next week after the Golden Week holiday.