Hong Kong, Shanghai stocks open higher after Fed minutes

[HONG KONG] Hong Kong and Shanghai stocks rose after opening Friday, tracking rallies in New York and Europe, after minutes from the Federal Reserve's latest policy meeting hinted interest rates could be kept at record lows for some time.

The benchmark Hang Seng Index gained 1.17 per cent, or 261.03 points, to 22,615.94 soon after opening.

And in Shanghai, the benchmark composite index added 0.10 per cent, or 3.28 points, to 3,146.64, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, eased 0.08 per cent, or 1.44 points, to 1,783.95.

AFP