Hong Kong Hang Seng rebounds 0.8%

Hong Kong stock market closed session higher on Wednesday, 20 June 2018, due to resumption of bargain buying , thanks to gains in Mainland bourses and other Asian markets, as the panic surrounding a potential global trade war showed signs of easing. June 2018, as investors sought bargains, a day after the spectre of a US-China trade war rattled markets. Wednesday's rebound came after reports that China's central bank urged investors to remain calm and rational, saying the economy is in good shape to deal with trade friction. Thirty nine stocks among the 50 blue chips rose, and ten fell, with one stock remaining steady. The Hang Seng Index ended up 228 points or 0.8% to 29,696. The H-share index rose 12 points or 0.1% to 11,505. Turnover decreased to HK$109.8 billion from HK$153 billion on Tuesday.

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