Hong Kong shares end firmer on hopes of fresh stimulus to boost economy [Reuters]
CHINA MOBILE (CHL)
US:NYSE Investor Relations:
chinamobileltd.com/en/ir/reports.php
Company Research
Source: Reuters
Hong Kong shares end firmer on hopes of fresh stimulus to boost economy * Hang Seng index +0.42%, HSCE +0.57% * China advisers call for faster fiscal stimulus rollout * HK government reshuffle aimed at reviving virus-hit economy: Lam BEIJING/SHANGHAI, April 22 (Reuters) - Hong Kong shares closed up on Wednesday, erasing earlier losses, as optimism around further fiscal stimulus from Beijing to shore up the economy outweighted worries about further turmoil in the energy sector. ** At the close of trade, the Hang Seng index was up 99.81 points, or 0.42%, at 23,893.36. The Hang Seng China Enterprises index rose 0.57% to 9,670.2. ** The sub-index of the Hang Seng tracking energy shares dipped 0.7%, while the IT sector rose 1.7%, the financial sector ended 0.15% lower and the property sector dipped 0.2%. ** The collapse in China’s economic activity caused by the coronavirus has heightened calls from top policy advisers for the government to hasten the rollout of fiscal stimulus, as balloon
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