HONG KONG: Hong Kong stocks climbed more than one percent Thursday for a fourth straight gain after the Federal Reserve indicated it could cut interest rates, with speculation it will do so next month.
The Hang Seng Index jumped 1.23 percent, or 348.29 points, to 28,550.43.
The benchmark Shanghai Composite Index rallied 2.38 percent, or 69.32 points, to 2,987.12, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, added 1.95 percent, or 29.83 points, to 1,556.60.
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