Hong Kong stocks surge after extradition bill withdrawal reports

Hong Kong stocks surge after extradition bill withdrawal reportsHong Kong’s stock market soared Wednesday after local media reported that the city’s embattled leader is planning to fully withdraw a loathed extradition bill, one of the main demands of pro-democracy protesters. The Hang Seng index leapt more than three percent in afternoon trade after the South China Morning Post and HK01 both published reports that the city’s pro-Beijing chief executive Carrie Lam was planning to shelve the bill.



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