Hong Kong stocks close with gains | 2019-07-16

Hong Kong stocks close with gains

16 July, 2019 12:00 AM printer

HONG KONG: Hong Kong stocks ended Monday in positive territory as data showing another slowdown in Chinese economic growth fuelled speculation the government would introduce fresh stimulus measures.

The Hang Seng Index gained 0.29 percent, or 83.26 points, to close at 28,554.88.

The benchmark Shanghai Composite Index gained 0.40 percent, or 11.64 points, to 2,942.19, and the Shenzhen Composite Index, which tracks stocks on China’s second exchange, gained 1.00 percent, or 15.57 points, to 1,572.34, reports AFP.