Consumer staples extended yesterday's rally. China Mengniu Dairy (02319) surged 5.1% to HK$26.7 becoming the top blue-chip winner. Hengan International (01044) jumped 3.6% to HK$75.65. WH Group (00288) rose 3.1% to HK$6.32. Want Want China (00151) added 1.4% to HK$7.11.
Pharmaceutical counters were mixed, with Weigao (01066) soaring 12.6% to HK$6.34 as the company said it was allowed to participate the H-share full circulation program. China Grand Pharmaceutical (00512) shot up 10.7% to HK$5.89 as it issued positive profit alert. Shanghai Fosun Pharmaceutical (02196) jumped 4% to HK$41.95. Sinopharm Group (01099) gained 2.5% to HK$33.
OFFSHORE MARKET: US stock market rebounded to close higher on Thursday, partly due to optimism about the upcoming earnings season. Easing trade concerns also contributed to the rally. The tech-heavy Nasdaq soared 107.30 points or 1.4% to a new record closing high of 7,823.92, the Dow jumped 224.74 points or 0.9% to 24,924.89, and the S&P 500 surged up 24.27 points or 0.9% to 2,798.29.
The major European markets also moved back to the upside on Thursday. The French CAC 40 Index jumped by 1%, the U.K.'s FTSE 100 Index advanced by 0.8% and the German DAX Index climbed by 0.6%.
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