Hong Kong shares rebound, helped by China gains



Oct 18 Hong Kong shares rose the most in one-and-a-half months on Tuesday, helped by a rebound in Chinese stocks as Shanghai's U.S. dollar-denominated B shares stabilised following the previous day's sell-off.
The Hang Seng index rose 1.5 percent to 23,388.37 points, while the China Enterprises Index gained 1.9 percent to 9,722.75.
China's A-share market was dragged lower on Monday by a sudden late-afternoon slump in the B-share index amid yuan depreciation fears, which analysts said was driven mainly by fear rather than fundamentals.
The blue-chip CSI300 index rose 1.3 percent to 3,321.33,... read more

 
18 October 2016 in World News, Views: 38
Source: Reuters
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