Chinese Stocks in Hong Kong Rise to Highest Level In Four Years
A key gauge of Chinese stocks traded in Hong Kong rose to its highest close since October 2021, boosted by easing Sino-American trade tensions and gains in heavyweight tech shares.
The Hang Seng China Enterprises Index jumped 1.8% on Wednesday, topping a previous year-to-date high hit on March 18. Kuaishou Technology, Baidu Inc. and Tencent Holdings Ltd. were among the top performers in the gauge. Hong Kong’s benchmark Hang Seng Index advanced 1.6%.