Hong Kong: Shares rally at open

[HONG KONG] Hong Kong stocks rose more than 1 per cent at the open on Wednesday (Feb 16) following strong gains on Wall Street fuelled by optimism that diplomatic efforts to avoid a Russian invasion of Ukraine were bearing fruit.

The Hang Seng Index climbed 1.08 per cent or 262.59 points to 24,618.30.

The Shanghai Composite Index added 0.32 per cent or 10.98 points to 3,457.07, while the Shenzhen Composite Index on China's second exchange gained 0.41 per cent or 9.45 points to 2,293.08. AFP