September 4, 2019 / 6:53 AM / 5 months ago

RPT-Hong Kong shares surge 3% after Lam said to 'withdraw' controversial bill

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HONG KONG, Sept 4 (Reuters) - Hong Kong’s main stock benchmark surged more than 3% on Wednesday afternoon after media reported the government would formally withdraw the proposed extradition bill that sparked three months of protests in the former British colony.

Hong Kong Chief Executive Carrie Lam will officially withdraw the proposed extradition bill later on Wednesday, meeting one of the protesters’ key demands, local media reported citing anonymous sources.

Reporting by Noah Sin; Editing by Sam Holmes

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