por admin » Mié Sep 04, 2019 4:37 am
Hong Kong sube 4% después que China anuncia que retirarán la ley de extradición.
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Hong Kong stocks close nearly 4% higher following reports that extradition bill could be formally withdrawn
PUBLISHED 10 HOURS AGO UPDATED 1 HOUR AGO
Eustance Huang
@EustanceHuang
CNBC.COM
Stocks in Hong Kong soared nearly 4% on Wednesday following reports that a controversial extradition bill is set to be withdrawn.
Overall, the MSCI Asia ex-Japan index was more than 1.6% higher.
A private survey showed China's services sector activity jumping to a three-month high in August.
Australia's economy rose as expected during the second quarter, data released Wednesday showed.
Stocks in Hong Kong soared nearly 4% on Wednesday afternoon trade following reports that a controversial extradition bill is set to be withdrawn.
By the market close, the Hang Seng index had jumped 3.9% to 26,523.23, paring some gains after surging as high as more than 4% earlier.
Hong Kong leader Carrie Lam will reportedly announce the withdrawal of a contentious extradition bill that has sparked months of mass protests and dampened investor sentiment. Its full withdrawal is one of five demands that protesters have been fighting for.
According to the South China Morning Post and other local media reports, Lam is due to make the announcement on Wednesday. CNBC sources confirmed that Lam will be calling for an urgent meeting with pro-Beijing supporters on Wednesday, but the agenda has not been confirmed.
Shares of companies that have come under the spotlight amid the turmoil in Hong Kong also skyrocketed following those reports.
Railway operator MTR, which has been hit by disruptions in its operations and damage to its infrastructure, jumped 6.4%. Embattled airliner Cathay Pacific also saw its shares surge 7.21%, with the firm's CEO stepping down in mid-August amid heavy political pressure from Beijing after one of its pilots was found to have taken part in the ongoing protests in Hong Kong.
Mainland Chinese stocks also saw gains on the day, with the Shanghai composite rising 0.93% to about 2,957.41 while the the Shenzhen component added 0.69% to 9,700.32. The Shenzhen composite also advanced 0.667% to approximately 1,636.40.
The Caixin/Markit Services Purchasing Managers' Index came in at 52.1 in August, its highest since May. The 50-mark in PMI readings separates growth and contraction. Official data for August released over the weekend showed services sector activity picking up for the first time in five months in August.
In Japan, the Nikkei 225 gained 0.12% to close at 20,649.14 while the Topix index shed 0.26% to end its trading day at 1,506.81. The Kospi in South Korea closed 1.16% higher at 1,988.53.
The S&P/ASX 200 in Australia closed 0.31% lower at 6,553.00. Data released Wednesday showed Australia's economy rising as expected during the second quarter. Gross domestic product rose 0.5% quarter-on-quarter on a seasonally adjusted basis, and grew 1.4% year-on-year. Both figures came in in line with expectations from their respective Reuters polls.
Overall, the MSCI Asia ex-Japan index was more than 1.6% higher