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The Economic Times

Business

Anupam Nagar

Global Market: China, Hong Kong shares rise as tech stocks gain ahead of Fed decision

Hong Kong United States China US Federal Reserve Inflation Oil

Chinese and Hong Kong equities advanced on Wednesday, supported by gains in technology stocks as investors awaited the US Federal Reserve’s interest-rate decision later in the day, Reuters reported.

The Shanghai Composite was up around 0.6%, while Hong Kong’s Hang Seng Index gained about 0.1% in morning trading. The Hang Seng Tech Index also moved higher as technology shares provided support to the broader market.

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