Hong Kong Stocks Rise 0.3%; Pharmaceutical Shares Lead Gains
0146 GMT — Hong Kong’s Hang Seng Index rises 0.3% to 20411.62 in early trade, as concerns ease about U.S. inflation and further Fed tightening. Softer-than-expected U.S. PPI and initial jobless claims data help to boost markets expectations that the Fed pause in their aggressive rate hike cycle…
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