Hong Kong stocks rally over 6% in sixth straight day of gains

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View of Victoria Harbour in Hong Kong SAR of China Jackyenjoyphotography | Moment | Getty ImagesSINGAPORE — Hong Kong’s Hang Seng index was up over 6% on Wednesday, hitting a 22-month high for a sixth day of gains amid further optimism about Beijing’s latest stimulus policies.The index closed up 6.2%, ending at 21,133.68, its highest since January 2023. The market resumed trading on Wednesday after a holiday on Tuesday.Property developers fueled much of the gains, with China Vanke, Logan Group, and Longfor Group leading, up as much as 61%, 30% and 24%, respectively. Major cities in mainland China introduced some easing measures to enhance homebuyer confidence over the weekend. Chinese tech giants also rallied, with Meituan, Baidu and JD.com all up over 9%.Markets in mainland China were closed Wednesday and will remain so for the rest of the week due to the Golden Week holiday. Chinese stocks had rallied Monday to their best day in 16 years after Beijing announced a raft of…

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