Hong Kong Stocks Up 0.65% at Open

Hong Kong stocks opened 0.65 percent higher Friday following another positive lead from Wall Street.

The Hang Seng Index added 174.75 points to 27,082.60.

The benchmark Shanghai Composite Index gained 0.42 percent, or 31.46 points, to 5,153.05.

The Shenzhen Composite Index, which tracks stocks on China’s second exchange, added 0.74 percent, or 23.09 points, to 3,124.03.

Source : AFP

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Hong Kong Stock end 0.65% Higher

Hong Kong shares climbed 0.65 percent Thursday following upbeat US data and an uptick in oil prices but mainland Chinese equities were hammered by profit-taking after a surge in recent months.

The benchmark Hang Seng Index rose 154.27 points to 23,835.53 on turnover of HK$ 101.94 billion (US$ 13.15 billion).

But in mainland China the benchmark Shanghai Composite Index plunged 2.39 percent, or 80.49 points, to 3,293.46 on turnover of 399.2 billion yuan ($ 64.2 billion).

The Shenzhen Composite Index, which tracks stocks on China’s second exchange, slid 0.43 percent, or 6.30 points, to 1,451.15 on turnover of 222.2 billion yuan.

Source: AFP

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