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China Market Surges; Controversial Bill Nixed

Stockhouse Editorial
0 Comments| September 4, 2019

The Hang Seng saw its best day of the year on Wednesday, posting a nearly 4% gain .

The 1,000+ point surge was due to the withdrawal of a controversial extradition bill that caused months of protests that have dominated the media.


The biggest gainers were property developers, which saw the brunt of the ongoing trade dispute with the US and were up 9%.

Not since November 2018 has the Hang Seng Index seen a daily percentage gain this strong and leaves it standing 2.6% higher for the year.


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