Shanghai, Hong Kong: Stocks open up on stimulus bets

[HONG KONG] Shanghai and Hong Kong stocks opened the day in positive territory Thursday, with investors hoping China will unveil fresh measures to shore up the economy after another batch of weak data this week.

The benchmark Shanghai Composite Index edged up 0.18 per cent, or 6.57 points, to 3,656.82, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, gained 0.47 per cent, or 10.51 points, to 2,263.72.

In Hong Kong the benchmark Hang Seng Index added 0.65 per cent, or 144.18 points, to 22,496.35.

AFP