Bank of Qingdao Stock Forum

The Hong Kong bourse was buoyed by the sharp uptick of Chinese banks and oil stocks. $Hang Seng Index (800000.HK)$ , which has once stretched its rise to 272 pts, closed at 20,297, elevating by 247 pts or 1.24%; $Hang Seng China Enterprises Index (800100.HK)$thrived 99 pts or 1.47% to close at 6,897; $Hang Seng TECH Index (800700.HK)$climbed 18 pts or 0.48% to close at 3,914. The full-day turnover totaled at $108 billion.
Chinese banks spearheaded a steep rally of the br...