HK stocks follow US lead, open higher - RTHK
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HK stocks follow US lead, open higher

2024-08-07 HKT 09:42
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  • The Hang Seng Index opened more than 0.2 percent higher. File photo: RTHK
    The Hang Seng Index opened more than 0.2 percent higher. File photo: RTHK
The Hong Kong market opened stronger on Wednesday, taking its cue from Wall Street, which partially rebounded from a sell-off in the previous session.

The Hang Seng Index was up 37.44 points, or 0.22 percent, at 16,684.78.

In the United States, investors returned to the market after soothing comments by Federal Reserve officials eased US recession worries, with the S&P and the Nasdaq both gaining more than one percent, and the Dow rising 0.8 percent.

HK stocks follow US lead, open higher