Hong Kong: Shares open Wednesday’s session on front foot

HONG Kong stocks opened with healthy gains on Wednesday morning as concerns over possible contagion from the collapse of two US banks eased, while data showed inflation in the country lessened last month.

The Hang Seng Index jumped 1.43 per cent, or 275.53 points, to 19,523.49.

The Shanghai Composite Index added 0.48 per cent, or 15.72 points, to 3,261.03, while the Shenzhen Composite Index on China’s second exchange gained 0.52 per cent, or 10.75 points, to 2,086.68. AFP