You are here

Hong Kong: Shares end 0.14% higher


[HONG KONG] Hong Kong stocks rose on Thursday, in line with gains in Shanghai, on hopes China will add to the weekend's interest rate cut with further monetary easing measures.

The benchmark Hang Seng Index rose 0.14 per cent, or 37.27 points, to 27,286.55 on turnover of HK$126.62 billion (US$16.34 billion).

In Shanghai the composite index was marginally higher, adding 2.55 points to 4,378.31 on turnover of 669.9 billion yuan (US$109.7 billion).

The Shenzhen Composite Index, which tracks stocks on China's second exchange, rose 0.34 percent, or 8.33 points, to 2,454.20 on turnover of 696.9 billion yuan.