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Hong Kong shares post weekly gain; report on cybersecurity review waiver lifts financials
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ASX to fall, delta variant casts widening shadow
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Hong Kong shares end higher on policy support hopes
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Tencent rises 3.93% after Sogou deal approved HSBC jumps after Bank of England scraps dividend curbs
July 13 (Reuters) - Hong Kong shares rose on Tuesday as high tech and financials stocks rallied, after Chinese regulators approved a deal involving index heavyweight Tencent Holdings and after the Bank of England scrapped dividend curbs on lenders including HSBC. At the close of trade, the Hang Seng index was up 448.17 points, or 1.63%, at 27,963.41. The Hang Seng China Enterprises index rose 1.69% to 10,113.32. Tech firms in Hong Kong drove gains, with the sub-index of the Hang Seng tracking the IT sector rising 3.3% and the Hang Seng Tech index up 1.94%. Tencent Holdings Ltd jumped 3.93% after China’s antitrust regulator on Tuesday approved its plan to take the country’s no.3 search engine Sogou Inc private in a $3.5 billion deal. The financial sector also gained, rising 1.54% with Hong Kong shares of HSBC Holdings Plc ending 2.62% higher after the Bank of Eng
Hong Kong shares post weekly gain; report on cybersecurity review waiver lifts financials
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