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Hong Kong stocks snap three-day decline on hopes for Fed rate cut; Wharf, SHK rally

Hong Kong stocks rose, halting a three-day losing streak, as investors increased their bets that the Federal Reserve will cut rates later this month following a weak US jobs report.

By: scmp.com

Sep 05 2024
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Hong Kong stocks snap three-day decline on hopes for Fed rate cut; Wharf, SHK rally

Hong Kong stocks rose, halting a three-day losing streak, as investors increased their bets that the Federal Reserve will cut rates later this month following a weak US jobs report.

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