Hong Kong: Shares finish higher

[HONG KONG] Hong Kong stocks ended a positive week with more gains on Friday as traders were buoyed by reports that troubled developer China Evergrande had averted a default after paying interest on a bond just ahead of a weekend deadline.

The Hang Seng Index rose 0.42 per cent or 109.40 points to 26,126.93. Evergrande climbed 4.26 per cent.

The Shanghai Composite Index dipped 0.34 per cent or 12.18 points to 3,582.60 while the Shenzhen Composite Index on China's second exchange edged down 0.15 per cent or 3.51 points to 2,412.67.

AFP