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Hong Kong: Stocks extend gains to eighth day

Hang Seng.jpg

[HONG KONG] Hong Kong stocks rose for an eighth-straight day on Wednesday, boosted by interest from mainland traders concerned about a Beijing crackdown on high-risk dealing on financial markets.

The Hang Seng Index climbed 0.56 per cent, or 147.22 points to 26,672.16.

And the benchmark Shanghai Composite Index rallied 1.36 per cent higher, or 43.41 points, to 3,230.98 while the Shenzhen Composite Index, which tracks stocks on China's second exchange, gained 1.53 per cent, or 27.73 points, to 1,839.06 on hopes for a strong earnings season.

AFP

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