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Hong Kong: Shares track Wall Street record higher

Thursday, July 13, 2017 - 16:34


[HONG KONG] Hong Kong shares rallied on the back of a Wall Street record on Thursday, clocking up a fourth-straight gain, after Federal Reserve boss Janet Yellen suggested the central bank would raise US interest rates more gradually.

The Hang Seng Index rose 1.16 per cent, or 302.53 points, to 26,346.17.

And the benchmark Shanghai Composite Index rose 0.64 per cent, or 20.62 points, to 3,218.16 while the Shenzhen Composite Index, which tracks stocks on China's second exchange, edged down 0.04 per cent, or 0.75 points, to 1,888.70.


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