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Hong Kong, Shanghai shares end sharply higher

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Hong Kong stocks climbed Wednesday, in line with a global rally, on hopes the turmoil sparked by Britain's shock decision to leave the EU would lead to fresh stimulus by major central banks.

[HONG KONG] Hong Kong stocks climbed Wednesday, in line with a global rally, on hopes the turmoil sparked by Britain's shock decision to leave the EU would lead to fresh stimulus by major central banks.

The Hang Seng Index rose 1.31 per cent, or 263.66 points, to close at 20,436.12.

And the benchmark Shanghai Composite Index rose 0.65 per cent, or 19.03 points, to 2,931.59 while the Shenzhen Composite Index, which tracks stocks on China's second exchange, added 0.15 per cent, or 2.96 points, to 1,973.34.

AFP

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