China stock markets thrive as US Fed steps back

24.03.2023

Mainland China and Hong Kong stocks ended higher on Thursday, as the U.S. Federal Reserve softening its tone on future interest rate hikes boosted investor sentiment.

China's blue-chip CSI300 Index closed up 1.0%, while the Shanghai Composite Index rose 0.6%. ** Hong Kong's benchmark Hang Seng Index was up 2.3%, and...