Hong Kong: Stocks rally after open

[HONG KONG] Shares rallied in the first few minutes of trade on Thursday following a strong performance on Wall Street and another surge in oil prices.

The Hang Seng Index opened up 0.80 per cent, or 170.09 points, to 21,406.40.

But in Shanghai the composite index lost 0.61 per cent, or 18.21 points, to 2,954.37, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, slid 0.48 per cent, or 8.92 points, to 1,862.59.

AFP