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Hong Kong: Stocks open higher, dealers look to Fed

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[HONG KONG] Hong Kong stocks climbed in the first few minutes of trade Wednesday ahead of the conclusion of the Federal Reserve's latest policy meeting, with investors hoping for fresh insight into the state of the US economy.

The Hang Seng Index added 0.29 per cent, or 63.58 points, to 22,193.31.

And in Shanghai the benchmark composite Index was flat, edging up 0.20 points to 3,050.37, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, was also marginally higher, adding 0.93 points to 2,045.89.