Hong Kong: Stocks end 7.04% higher to extend recovery surge

[HONG KONG] Hong Kong stocks closed with another massive gain on Thursday (Mar 17), extending the previous day's nine per cent surge, as investors pile back in after China's pledge to support markets.

The Hang Seng Index jumped 7.04 per cent, or 1,413.73 points, to 21,501.23.

The Shanghai Composite Index rose 1.40 per cent, or 44.33 points, to 3,215.03, while the Shenzhen Composite Index on China's second exchange added 2.24 per cent, or 46.76 points, to 2,133.01. AFP