Hong Kong: Shares begin with slight gains
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[HONG KONG] Hong Kong stocks opened on a tentatively positive note Thursday (Mar 3) as investors welcomed Federal Reserve boss Jerome Powell's indication that the bank will embark on a gradual pace of interest rate hikes to fight inflation.
The Hang Seng Index edged up 0.40 per cent or 90.34 points to 22,434.26.
The Shanghai Composite Index gained 0.34 per cent or 11.74 points to 3,495.93, while the Shenzhen Composite Index on China's second exchange 0.36 per cent or 8.32 points to 2,321.50. AFP
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