Hang Seng Index at 19-month high

Hong Kong's benchmark Hang Seng Index closed at a 19-month high on Thursday after the Federal Reserve hiked interest rates, as expected, but signalled no pick-up in the pace of tightening. Investors had feared the Fed was considering faster hikes that buoy the dollar and lure funds out of emerging markets and back to the United States.
The Hang Seng index ended up 2.1 percent at 24,288.28 points, its highest close since early August, 2015. The China Enterprises Index gained 2.5 percent to 10,526.46 points, in its best day since May 25, 2016.