Bargain hunters poured money into Chinese shares Friday, sending the Shanghai Composite Index surging 1.4%. In Hong Kong, however, the Hang Seng Index lost 0.5%, and in Japan, the Nikkei 225 tumbled 1.6%.
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Hong Kong’s Hang Seng Index climbed 2% to 24,145 Wednesday — a two-year high — after Goldman Sachs predicted the index could reach 29,000 in the next year. That, combined with expectations of a new $500 billion round of U.S. …
In Asia on Tuesday, Hong Kong’s Hang Seng Index rose 0.1%, China’s Shanghai Composite inched down 0.3%. and in Japan, the Nikkei 225 crept up 0.1%. Investors are closely monitoring the U.S. midterm elections, with many predicti…