Hong Kong shares soared in expectation of withdrawal of ordinance draft September 4, 20:02
On the 4th, the Hong Kong stock market was reported to be expected to withdraw the amendment to the ordinance that triggered protests. Stock prices rose significantly by nearly 4%.
Hong Kong shares soared in hope of withdrawal
The closing price of the “Hang Seng Index”, a representative stock index in Hong Kong, rose 3.9% compared to the 3rd, and the transaction on the 4th ended.
A market official said, “In the wake of Hong Kong's media reporting the withdrawal of the ordinance amendment, the order for buying real estate stocks led to the expansion of confusion. “There are some investors who are looking carefully to see if the situation is really converging, as the public demands for a better government.”