Chinese and Hong Kong equities rose on Wednesday, led by technology stocks as investors awaited the US Federal Reserve’s interest-rate decision. The Shanghai Composite gained around 0.6%, while the Hang Seng and Hang Seng Tech Index also advanced. Rising Treasury yields, oil prices and inflation concerns kept investors cautious.
Chinese and Hong Kong equities rose on Wednesday, led by technology stocks as investors awaited the US Federal Reserve’s interest-rate decision. The Shanghai Composite gained around 0.6%, while the Hang Seng and Hang Seng Tech Index also advanced. Rising Treasury yields, oil prices and inflation concerns kept investors cautious.
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