Hong Kong: Stocks rally out of gates

[HONG KONG] Hong Kong stocks jumped more than 1 per cent at the start of trade Thursday morning as investors returned from a midweek break to news that troubled property giant Evergrande had agreed a plan to pay interest on one of its key bonds.

The Hang Seng Index rose 1.62 per cent or 392.60 points to 24,614.14.

The Shanghai Composite Index added 0.63 per cent or 22.78 points to 3,651.27, while the Shenzhen Composite Index on China's second exchange gained 0.65 per cent or 15.96 points to 2,456.02.

AFP