HONG KONG, Dec 3 (Reuters) – Hong Kong shares rose 1.4 percent on Wednesday, with financials leading the charge after their U.S. peers gained overnight, but property stocks fell after the city’s big lenders raised mortgage rates. Banks stocks rebounded from recent losses, with global lender HSBC, which lost 6.4 percent on Tuesday, gaining 1.7 percent and ICBC, China’s largest lender, up 2.4 …
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Tags: Bank, Financials, Hong Kong, HSBC, NEWS, Property, Stock, Yahoo

This entry was posted on December 3, 2008 at 9:40 pm and is filed under NEWS.