Hong Kong stocks bounce as Middle East fears boost crude again ...Kuwait

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Hong Kong stocks bounce as Middle East fears boost crude again
source : The New Arab ( Kuwait ) () 40
Hong Kong stocks resumed their China-fuelled rally Friday on a broadly positive day for Asian markets, while oil prices extended gains after soaring on fears over the ongoing conflict in the Middle East. Buyers were back in the driving seat in Hong Kong after retreating on Thursday for the first time since Beijing unveiled a raft of economy-boosting measures last week, which brought investors flooding back to the market. The stimulus, mainly targeting the property sector, has seen stocks in the city and mainland China enjoy a blistering run of more than 20 percent in hopes that Beijing can reignite growth. The Hang Seng Index climbed almost three percent Friday, with

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