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FX.co ★ Shares in Hong Kong Hover at 2-Week Peak

Shares in Hong Kong Hover at 2-Week Peak

Hong Kong stocks rose by 211 points, or 0.9%, reaching 23,869 during Thursday morning trading. This marks the third consecutive session of gains, with the market hitting its highest point in two weeks. The upswing was supported by widespread sector growth and a private survey showing a resurgence in China's services sector activity in May, recovering from a seven-month low in April. Investor sentiment was further boosted by optimism over potential U.S.-China trade negotiations, as they monitored for any indications of reduced tensions.

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