Hong Kong stocks rally on European developments

November 28, 2011 | FINANCE

LOS ANGELES (MarketWatch) — Hong Kong stocks rose sharply Monday morning on hope for progress in resolving the European debt crisis, with banks, resources and property among the leading advancers. The Hang Seng Index added 2.1% to 18,061.55, while the Hang Seng China Enterprises Index rose 2.6%, as the Shanghai Composite traded 0.5%higher. Reports of possible International Monetary Fund support …
(more here…)

Tags: , , , , ,