Hong Kong stocks press on with rally

 19 Dec 2017 - 11:24

Hong Kong stocks press on with rally


Hong Kong: Hong Kong stocks on Tuesday built on the previous day's rally as traders again took their cue from record-breaking US markets, fuelled by optimism that long-awaited tax cuts will be agreed this week.

The Hang Seng Index rose 0.70 percent, or 203.25 points, to close at 29,253.66.

The benchmark Shanghai Composite Index advanced 0.88 percent, or 28.62 points, to 3,296.54. The Shenzhen Composite Index, which tracks stocks on China's second exchange, gained 0.87 percent, or 16.49 points, to 1,905.62.