HONG KONG — Hong Kong's stock market carried the torch of China's rally on Wednesday, marking its biggest one-day jump since March 2022 as mainland bourses closed for a long holiday.
The Hang Seng Index was up 6.2% at 22,443.73 in the afternoon, up more than 7% from the previous trading day. The benchmark index was driven by companies expected to benefit from the Chinese authorities' latest burst of economic stimulus aimed at easing the effects of a brutal property crisis.