Hong Kong share prices rally led by tech, property stocks
HSI up 1.14% at 17,989 points (Il Sole 24 Ore Radiocor) - Hong Kong , 30 Aug - Hong Kong share prices ended higher, leading the gains amid strong Asian markets.
The Hang Seng index closed up 1.14% at 17,989 points and rose 2.6% in August, outperforming its regional peers.
Technology stocks soared in Hong Kong dealings, with the Hang Song Tech index up 2.87% Property stocks also rallied after Bloomberg News reported that China is considering allowing homeowners to refinance up to 5.4 trillion US dollars in mortgages, a move that could lower borrowing costs for millions of families and stimulate consumption.
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(RADIOCOR) 30-08-24 12:46:52 (0294) 5 NNNN