Hong Kong: Shares kick off Friday’s session with healthy gains
Published Fri, Mar 17, 2023 · 09:48 AM
HONG Kong stocks bounced more than one percent Friday morning as traders welcomed news that several Wall Street banking titans had put together a rescue package for struggling regional US lender First Republic.
The Hang Seng Index climbed 1.23 per cent, or 235.93 points, to 19,439.84.
The Shanghai Composite Index added 0.57 per cent, or 18.37 points, to 3,245.26, while the Shenzhen Composite Index on China’s second exchange gained 0.71 per cent, or 14.59 points, to 2,064.08. AFP
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