
Hong Kong stocks surge to stay on track for best week in 6 months on US rate cut bets
Hong Kong stocks headed for the biggest weekly gain in six months after US inflation data solidified expectations of an interest-rate cut by the US Federal Reserve next week. The Hang Seng Index rose 1.5 per cent to 26,484.65 at the noon break, taking the gain for the five-day period to 4.2 per cent and