Hong Kong: Stocks close higher on profit-taking

[HONG KONG] Hong Kong shares rose Wednesday on profit-taking and as traders tracked a record close on Wall Street, though they remain concerned about China's recent crackdown on tech and private education firms, fearing officials will target other sectors.

The Hang Seng Index climbed 0.88 per cent, or 231.73 points, to 26,426.55.

The Shanghai Composite Index rose 0.85 per cent, or 29.23 points, to 3,477.22, while the Shenzhen Composite Index on China's second exchange rallied 1.72 per cent, or 41.65 points, to 2,465.62.

AFP