5 years ago

Hong Kong shares firm ahead of Fed decision

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The Hong Kong share market was firm on Wednesday ahead of a widely expected interest rate hike from the US Federal Reserve.

The sub-index of the Hang Seng index tracking energy shares rose 0.7 per cent while the IT sector fell 0.4 per cent, according to Reuters.

The top gainer on Hang Seng was Galaxy Entertainment Group Ltd up 3.64 per cent, while the biggest loser was Sunny Optical Technology Group Co Ltd which was down 3.72 per cent.

Chinese H-shares listed in Hong Kong rose 0.19 per cent at 11,333.79 while the Hang Seng Index was up 0.28 per cent at 28,873.21.

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