HK slips as region rises with US rate concerns easing
Asian stocks rose on Thursday after US inflation data came in as expected, dampening expectations of further near-term Federal Reserve rate hikes, while oil held near US$80 a barrel as Washington and Tehran remained deadlocked over efforts to end the Gulf war. In Hong Kong, the benchmark Hang Seng Index opened down 152 points, or 0.6 percent, at 25,288. The tech index was 13 points, or 0.29…
We haven't written up this one. RTHK News - Finance has the full story — the link below goes straight to it.
