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Hong Kong, Shanghai: Stocks advance at open

Tuesday, August 16, 2016 - 10:01

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Hong Kong and Shanghai stocks opened higher on Tuesday on hopes the Chinese government will soon announce a date to link trading between the Shenzhen and Hong Kong bourses, and after a strong lead from Wall Street.

[HONG KONG] Hong Kong and Shanghai stocks opened higher on Tuesday on hopes the Chinese government will soon announce a date to link trading between the Shenzhen and Hong Kong bourses, and after a strong lead from Wall Street.

The Hang Seng Index rose 0.55 per cent, or 125.69 points, to 23,058.2 in opening deals.

The benchmark Shanghai Composite Index added 0.17 per cent, or 5.33 points, to 3,130.53, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, edged up 0.15 per cent, or 3.10 points, to 2,026.34.

AFP

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