Hong Kong: Stocks end 4% higher on tech hopes

TECH firms led a 4 per cent rally in Hong Kong stocks on Friday (Apr 29) after a report indicated Chinese officials plan to ease their crackdown on the sector.

The Hang Seng Index rose 4.01 per cent, or 813.22 points, to 21,089.39.

The Shanghai Composite Index rose 2.41 per cent, or 71.58 points, to 3,047.06, and the Shenzhen Composite Index on China's second exchange gained 3.89 per cent, or 70.41 points, to 1,878.88. AFP