HONG KONG, April 26 (Reuters) - Hong Kong stocks rose 1 percent to their highest intraday levels in 6 weeks by midday on Tuesday, with property and banking stocks tapping multi-week highs as funds poured into the shares on speculation that the yuan may be revalued. "It was quite quiet early on, then suddenly there was a flood of buying orders. It's the inflow of hot money," said Francis Lun, general manager at Fulbright Securities. Talk of a yuan revaluation has pushed the dollar lower ...
Premium Content (PAID Subscription Required)
"HK stocks up 1.1 pct by midday, fund flows propel Esprit, HSBC" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: email@example.com or phone: (248) 799-2642