Hong Kong: Shares up at Wednesday's open

Published Wed, Feb 24, 2021 · 01:43 AM

[HONG KONG] Hong Kong shares opened slightly higher on Wednesday morning, extending the previous day's rally, after Federal Reserve boss Jerome Powell reiterated his commitment to keep US interest rates at record lows for as long as needed for the economy.

The Hang Seng Index rose 0.23 per cent, or 70.01 points, to 30,702.65.

The benchmark Shanghai Composite Index inched up 0.07 per cent, or 2.58 points, to 3,638.94, while the Shenzhen Composite Index on China's second exchange added 0.10 per cent, or 2.51 points, to 2,398.52.

AFP

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