Hong Kong stocks set for bull market after US$1.1 trillion rebound


HONG KONG: Hong Kong stocks are set to join the rest of the world in bull market territory after a more than $1.1 trillion rebound that’s gathered steam in recent days.

The Hang Seng Index rose 3.5% as of Monday’s midday break, extending its rally from March’s low to 21%. Tencent Holdings Ltd. and Hong Kong Exchanges & Clearing Ltd. have contributed nearly half of the index gains during the period, according to data compiled by Bloomberg.

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