Hong Kong, China shares poised for 2nd straight gain

Hong Kong and China shares are set to rise for a second straight day on Wednesday, as Wall Street’s record close accentuated gains in some sectors after a series of policy announcements from the country’s ongoing annual parliamentary meetings.

ZTE surged on news reports that the world’s fourth-biggest handset maker had entered a strategic collaboration with Intel focused on a new platform that could enhance the performance of ZTE’s next generation of smartphones.

via Business feed http://www.scmp.com/business/money/stock-talk/article/1182787/hong-kong-china-shares-poised-2nd-straight-gain