Hong Kong stocks rose 61 points, or 0.3%, to 20,214 in early trade on Thursday, snapping losses from the previous two sessions. The gains followed the Nasdaq's overnight rise to a record high, with soft U.S. inflation in November strengthening bets for a Fed rate cut later this month. Meanwhile, U.S. President-elect Donald Trump has invited Chinese President Xi Jinping to attend his inauguration in Washington next month, CBS News said. Traders were keeping an eye on China's two-day Central Economic Work Conference that is expected to set policy for next year, following a stimulus signal from the Politburo earlier in the week. Most sectors rose modestly, with technology, property and financials among the early movers.
Source: Trading Economics
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