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Hong Kong: Stocks surge in opening trade


[HONG KONG] Hong Kong stocks surged in the first few minutes of trade Friday after the European Central Bank hinted at fresh easing measures and a Japanese report said Tokyo was also considering expanding its own stimulus programme.

The Hang Seng Index jumped 2.47 per cent, or 458.64 points, to 19,000.79.

And in Shanghai, the benchmark composite index jumped 1.06 per cent, or 30.63 points, to 2,911.11, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, gained 1.10 per cent, or 19.86 points, to 1,820.85.