Hong Kong Share Up 0.47 % By Lunch

Hong Kong stocks rose 0.47 percent in the morning session Tuesday on hopes for further easing measures after China’s central bank loosened mortgage rules in a bid to boost the slowing economy.

The benchmark Hang Seng Index added 116.49 points to 24,971.61 by lunch on turnover of HK$ 85.82 billion ($ 11.07 billion).

In mainland China the benchmark Shanghai Composite Index edged up 0.11 percent, or 4.24 points, to 3,790.81.

The Shenzhen Composite Index, which tracks stocks on China’s second exchange, rose 0.80 percent, or 15.62 points, to 1,963.68.

Source : AFP