China, HK shares rise as stimulus catches investor focus

05.08.2022

China and Hong Kong stocks rose on Thursday, as investors' focus shifted from tensions around Taiwan to a raft of newly launched infrastructure projects that Beijing hopes can help stabilise its COVID-hit economy.

China's blue-chip CSI300 Index climbed 0.9%, while the Shanghai Composite Index gained 0.8%.

Hong Kong's benchmark index Hang Seng...