Hong Kong Shares rebound on bottom fishing
Capital Market The Hong Kong stock market finished session higher on Monday, 26 March 2018, due to bargain hunting on recently battered stocks as trade war worries eased amid expectations that China was confident of keeping demands by the US from spiralling out of control. However, gains were limited on fret over a possible trade war as US President Donald Trump presses on with his protectionist agenda. The Hang Seng Index added 0.79 per cent, or 239.48 points, to end at 30,548.77, after skidding 1,192 points last week in the wake of Trump signing a presidential memorandum to impose tariffs on Chinese imports valued at US$60 billion. The Hang Seng China Enterprises Index, or the H-shares index, rose 0.57 per cent to 12,197.70.
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