Mar 17, 2025, 15:45 GMT+7
(MT Newswires) - Hong Kong stocks rose for a second straight day to begin the trading week in green as investor sentiment was buoyed by encouraging economic data from China.
The Hang Seng Index rose 0.77%, or 185.59 points, to end at 24,145.57. The Hang Seng China Enterprises Index added 0.57%, or 50.46 points, to 8,928.45.
Sentiment, which was thrown a lifeline after a renewed interest in tech stocks on Friday, remained positive after Chinese retail sales saw a 4% boost to 8.373 trillion yuan in the two months ended Feb. 28.
An upbeat investor mood persisted despite China's unemployment rate rising to 5.4% year over year in February from 5.2% in January.
In corporate news, natural resource company CITIC Resourcessurged 6% after posting a 3.8% year-over-year rise in attributable profit for 2024 to HK$572.6 million, with revenue soaring 148% to HK$9.49 billion.

Sumber : MT Newswires