Around the World's Markets: Hong Kong
STOCKS CLOSED sharply higher, with sentiment boosted by plans by Microsoft to co-operate with Hongkong Telecom.
The Hang Seng share index finished up 268.96 points, or 2.62 per cent, at 10,532.95, just off its day's highs.
Hongkong Telecom was among the most actively traded stocks. The telecoms group announced that it planned to develop electronic shopping and video- on-demand services with the computer giant Microsoft.
Subscribe to Independent Premium to bookmark this article
Want to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies