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Hong Kong: Stocks end up for fourth day

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[HONG KONG] Hong Kong stocks climbed for a fourth successive day Thursday, tracking a Wall Street record on expectations the Federal Reserve will lift interest rates next month, while dealers brushed off a ratings downgrade for the city by Moody's.

The Hang Seng Index added 0.80 per cent, or 202.28 points, to 25,630.78.

The benchmark Shanghai Composite Index jumped 1.43 per cent, or 43.75 points, to 3,107.83, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, rose 0.72 per cent, or 13.03 points, to 1,811.90.

AFP

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