Hong Kong’s blue-chip barometer – CES SCHK50 which comprises the largest and most liquid stocks for Southbound Trading under Stock Connect, ended the week higher, up 3.0% at 3,575.37.
Hong Kong’s Chinese blue-chip index – CES HKMI extended its rise by 4.1% to close at all-time high (9088.44) since its launch in 2013, aided by strong market liquidity and economic data in China.
Macau casino stocks rallied after Morgan Stanley predicted that lower tier Chinese cities will provide the needed fuel for Macau’s casino market, CES G10 jumped 6.9% to 6,679.63.
