Hong Kong: Stocks rise at open

HONG KONG stocks kicked off on Thursday (Aug 18) morning with more gains after minutes showed Federal Reserve officials planned to slow their pace on interest rate hikes at some point as they try to rein in inflation.

The Hang Seng Index added 0.35 per cent, or 69.49 points, to 19,991.94.

The Shanghai Composite Index dropped 0.19 per cent, or 6.16 points, to 3,286.37, while the Shenzhen Composite Index on China’s second exchange eased 0.23 per cent, or 5.15 points, to 2,237.29. AFP