Pedestrians walk past a stocks display panel showing activity of the Hang Seng Index in Hong Kong September 4, 2019. — AFP pic
HONG KONG, Feb 6 — Stocks surged across Hong Kong and mainland China today, tracking a Wall Street surge as investors cheered strong US data as well as Beijing’s announcement that it will slash tariffs on US goods from next week.
The benchmark Shanghai Composite Index added 1.72 per cent, or 48.42 points, to reach 2,866.51, while the Shenzhen Composite Index — which tracks stocks on China’s second exchange — climbed 2.90 per cent, or 48.60 points, to 1,727.24.
Hong Kong’s benchmark Hang Seng Index jumped 2.64 per cent, or 706.96 points, to 27,493.70. — AFP