31 Jul '17, 10am

Iron is soaring in Singapore

Hong Kong’s Hang Seng Index closed at its highest level in more than two years as China Shenhua Energy Co. and Kunlun Energy Co. led gains in materials producers. China Shenhua, the nation’s biggest coal miner, climbed after saying its profit in the first half of the year more than doubled . HSBC Holdings Plc jumped 2.6 percent in Hong Kong to the highest level in almost three years after reporting profit that beat analysts’ estimates and said it will spend as much as $2 billion buying back stock.

Full article: https://www.bloomberg.com/news/articles/2017-07-31/commod...

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by #TangNguyen

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