Hang Seng climbs above 26,000 points, Tencent shares surge - News Summed Up

Hang Seng climbs above 26,000 points, Tencent shares surge


Stocks in Hong Kong rose in morning trade today after closing lower yesterday. At midday, the benchmark Hang Seng Index added 0.34 percent, or 87.85 points, to 26,063.51. Shares of MTR Corporation (0066) fell 2.49 percent to HK$41.1, after posting profit warning yesterday. Index heavyweight Tencent (0700) rose 3.78 percent to HK$535.50 with HK$6.82 billion worth of shares traded. In the mainland, the benchmark Shanghai Composite Index gained 0.74 percent, or 24.89 points, to 3,370.23 and the Shenzhen Composite Index was up by 0.85 percent, or 18.33 points, to 2,176.27.


Source: The Standard July 08, 2020 03:51 UTC



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