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Hong Kong: Stocks end sharply higher

Tuesday, November 22, 2016 - 16:46


[HONG KONG] Hong Kong stocks soared Tuesday, tracking a rally across Asia and in New York, with energy firms the big winners as oil prices were boosted by hopes of a deal to cut production.

The Hang Seng index rose 1.43 per cent, or 320.29 points, to close at 22,678.07.

The benchmark Shanghai Composite Index rose 0.94 per cent or 30.20 points, to 3,248.35. The Shenzhen Composite Index, which tracks stocks on China's second exchange, increased 0.89 per cent, or 18.94 points, to 2,137.88.


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