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Hong Kong: Shares open with gains

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Published Thu, May 26, 2022 · 09:49 AM
    • The Hang Seng Index rose 0.50 per cent, or 100.95 points, to 20,272.22.
    • The Hang Seng Index rose 0.50 per cent, or 100.95 points, to 20,272.22. PHOTO: REUTERS

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    HONG KONG stocks opened on the front foot Thursday (May 26) morning following a positive lead from Wall Street fuelled by an easing of fears about the Federal Reserve's interest rate hike plans.

    The Hang Seng Index rose 0.50 per cent, or 100.95 points, to 20,272.22.

    The Shanghai Composite Index edged up 0.13 per cent, or 4.02 points, to 3,111.48, while the Shenzhen Composite Index on China's second exchange added 014 per cent, or 2.69 points, to 1,947.57. AFP

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