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Hong Kong: Stocks open with big gains

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Published Tue, Oct 18, 2022 · 09:48 AM
    • The Hang Seng Index jumped 1.49 per cent, or 247.30 points, to 16,860.20.
    • The Hang Seng Index jumped 1.49 per cent, or 247.30 points, to 16,860.20. PHOTO: BLOOMBERG

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    HONG KONG stocks kicked off Tuesday (Oct 18) morning on a strong note following a global rally, helped by the UK government’s decision to scrap a debt-fuelled mini-budget that caused turmoil on financial markets last month.

    The Hang Seng Index jumped 1.49 per cent, or 247.30 points, to 16,860.20.

    The Shanghai Composite Index rose 0.32 per cent, or 9.98 points, to 3,094.93, while the Shenzhen Composite Index on China’s second exchange added 0.45 per cent, or 9.06 points, to 2,006.87. AFP

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