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Hong Kong: Stocks rise at open

Monday, May 8, 2017 - 10:08

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[HONG KONG] Hong Kong stocks rose in the first few minutes of trade Monday following a Wall Street rally at the end of last week while investors also cheered centrist Emmanuel Macron's victory over anti-EU Marine Le Pen in France's presidential election.

The Hang Seng Index added 0.25 per cent, or 61.19 points, to 24,537.54.

But the benchmark Shanghai Composite Index slid 0.42 per cent, or 12.97 points, to 3,090.07 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, lost 0.28 per cent, or 5.26 points, to 1,867.53.

AFP

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