Hong Kong: Shares kick off Friday’s session with healthy gains
Add BT as a preferred source
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
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Share with us your feedback on BT's products and services
TRENDING NOW
Indonesian court upholds earlier dismissal of 2.28 trillion rupiah claim on Keppel unit’s land
Xi Jinping has just rewritten the rules of US-China rivalry
Wilmar, Musim Mas among palm-oil firms in Indonesia under probe for suspected export under-invoicing
China traders rush for exit after cross-border flow crackdown
