Hong Kong stocks rally driven by strong fund inflows from mainland China

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Hong Kong stocks rallied for a fifth consecutive day, lifting the benchmark Hang Seng index closest the 30,000 level since May 2019 amid a strong inflow of Chinese mainland funds.

The Hang Seng Index closed 1.1 per cent higher at a 20-month high of 29,962.47. The gauge earlier reached 29,993.47, taking it to less than 0.1 per cent lower than the psychologically important level of 30,000 last seen in May 2019. The market has risen 10 per cent so far this year year, the best start to a . . .

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