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Hong Kong: Stocks enjoy strong start to day

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Published Thu, Jun 16, 2022 · 09:50 AM
    • The Hang Seng Index added 0.97 per cent, or 207.43 points, to 21,515.64.
    • The Hang Seng Index added 0.97 per cent, or 207.43 points, to 21,515.64. PHOTO: BLOOMBERG

    HONG KONG shares rallied at the start of business Thursday (Jun 16) as traders cheered a sharp interest rate hike by the Federal Reserve that analysts said signalled its determination to fight inflation.

    The Hang Seng Index added 0.97 per cent, or 207.43 points, to 21,515.64.

    The Shanghai Composite Index was more muted, edging up 1.43 points to 3,306.84, while the Shenzhen Composite Index on China's second exchange was also flat, inching 0.63 points higher to 2,099.63. AFP

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