Global rally extends in Asia as Hong Kong tops 30,000 mark
Global rally extends in Asia
Hong Kong - Egypt Today
Hong Kong stocks ended above the 30,000 mark for the first time in 10 years on Wednesday as Asian markets extended a global rally following another record close on Wall Street.
After retreating for most of this month, investors were back in buying mood this week on optimism about the world economy and earnings, while they remain upbeat that US lawmakers will eventually push through much-vaunted tax cuts.
All three main indexes in New York closed at all-time highs once again as dealers there begin to wind down for the Thanksgiving holiday Thursday.
Tech firms were the big winners, with top titans including Apple, Amazon, Facebook and Google parent Alphabet firming more than one percent.
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