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News 2026-07-03 02:18 UTC

Hong Kong Stocks Higher at Open as US Labor Data Dims Hope of Rate Hike

() -- Hong Kong stocks opened higher Friday as the eagerly awaited U.S. labor data dashed hopes of an imminent rate hike from the Federal Reserve. The Hang Seng Index increased 185.82 points, or roughly 0.8%, to 23,240.85, while the Hang Seng China Enterprises Index jumped 62.07 points, or 0.8%, to 7,674.55. The US eco