On 14 November 2022, the Hong Kong shares market closed higher for a straight second session after US inflation last week sparked speculation that the Federal Reserve.
The benchmark Hang Seng Index hit a high of 294.05 points, or 1.7 per cent, to 17,619.71. The Hang Seng China Enterprises Index soared at 112.49 points, or 1.92 per cent, to 5,979.80.
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Chinese property developers’ shares listed in Hong Kong surged after Beijing introduced several additional measures to support the real estate market’s recovery.
Property developers Country Garden surged 45.5 per cent to HK$3.26, Longfor jumped 16.5 per cent to HK$21.20, while China Overseas Land soared 8.9 per cent to HK$20.05. Tencent added 0.9 per cent to HK$260.60, and JD.com advanced 4.3 per cent to HK$200.80.
