Hong Kong's Hang Seng rises 2% led by Chinese tech stocks

Hong Kong's Hang Seng rises 2% led by Chinese tech stocks

Jun 27, 2022 by CNBC

Key Facts

  • The Kospi in South Korea gained 2.15%, and the Kosdaq was 3.17% higher.
  • The firm's shares in Hong Kong were 7.28% higher ahead of the announcement.
  • "It just highlights the fact that markets are going to be very volatile until we do pass that peak in inflation and the outlook for central banks being as hawkish as they are," said Kerry Craig, global market strategist at JPMorgan Asset Management.
  • CURRENCIES AND OIL The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 103.969.

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