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Hong Kong stocks jump on China economic optimism

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Capital Market
Hong Kong share market finished the session modest higher on Tuesday, 10 June 2014, extending yesterday's gain, as positive lead from offshore. Meanwhile, risk appetite buying underpinned further after China central bank measures to boost lending to smaller companies spurs optimism that Chinese policy makers will succeed in countering the nation's economic slowdown. The benchmark Hang Seng Index closed 0.86% higher from prior day closure at 23315.74. Turnover increased to HK$60.17 billion from HK$44.09 billion on Monday.

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First Published: Jun 10 2014 | 3:20 PM IST

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