Hong Kong stocks rally on US inflation data
Hong Kong stocks kicked off Wednesday with another round of gains after a below-forecast US inflation reading lifted hopes the Federal Reserve will take a more dovish tilt to raising interest rates. The Hang Seng Index rose 0.91 percent, or 179.13 points, to 19,775.33. The Shanghai Composite Index edged up 0.07 percent, or 2.23 points, to 3,178.55, while the Shenzhen Composite Index added 0.06 percent, or 1.27 points, to 2,051.64. (AFP)