Hong Kong: Shares rally at open
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HONG KONG stocks started Thursday (May 5) with a healthy advance after the Federal Reserve lifted interest rates but played down any chance of a huge 75 basis-point lift in the near future.
The Hang Seng Index climbed 1.41 per cent or 293.63 points to 21,163.15.
The Shanghai Composite Index dipped 0.07 per cent or 2.21 points to 3,044.85 as traders returned from an extended break this week, while the Shenzhen Composite Index on China’s second exchange dropped 0.66 per cent or 12.39 points to 1,866.49. AFP
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