HONG KONG, China — Hong Kong and Shanghai extended gains Wednesday as China announced another interest rate cut the day after unveiling a series of measures to boost the country's ailing economy.
The Shanghai Composite Index rose 0.79 percent, or 21.84 points, to 2,770.75, while the Shenzhen Composite Index on China's second exchange added 0.60 percent, or 9.04 points, to 1,505.86. dan/lb ...
Shares in Hong Kong and Shanghai soared more than four percent on Tuesday after China unveiled a slew of measures aimed at kickstarting the struggling economy. The Hang Seng Index rallied 4.13 ...