Hong Kong stocks rise after historic protest, government climbdown on extradition proposal restore confidence

Hong Kong stocks rose on Monday, after the city’s leader apologised for her handling of a controversial bill that would allow extraditions to China, following a historic protest joined by an estimated two million people.The Hang Seng Index edged up 0.4 per cent to 27,227.16, snapping a three-day losing streak. The benchmark was previously weighed down by worries over raw tensions between Hong Kong’s government and demonstrators, against the backdrop of an escalating US-China trade war.Chief…

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