STOCKS surged 1.69 per cent to an eight-month high yesterday as tensions over Ukraine eased and speculation grew that China would ease property purchase rules to kickstart the sector.
The benchmark Hang Seng Index jumped 394.97 points to 23,782.11 — its highest since December — on turnover of HK$71.70 billion.
China Overseas Land & Investment surged 4.4 per cent to HK$21.45 and China Resources Land jumped 3.2 per cent to HK$15.68. China Mobile gained 1.96 per cent to HK$83.25 and Tencent added 1.81 per cent to HK$123.70. AFP