Hong Kong, Shanghai: Stocks end week with rally
[HONG KONG] Hong Kong stocks rose Friday following upbeat Chinese inflation data and after mainland authorities said they would relax rules on insurance firms investing in the city.
The Hang Seng Index added 0.75 per cent, or 180.36 points, to close at 24,099.70.
But the benchmark Shanghai Composite Index fell 0.55 per cent, or 17.10 points, to 3,078.85 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, dropped 0.73 per cent, or 15.06 points, to 2,035.02.
AFP
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Capital Markets & Currencies
Mixed trading in Asia as investors watch for further macro data; STI down 0.2%
Vietnam delays launch of new stock trading system
Hong Kong bourse regains favour on hopes of a market revival
Asia: Markets rise as strong US tech earnings offset poor data
Singapore shares open lower on Friday; STI down 0.1%
Stocks to watch: CLI, Great Eastern, MIT, Sheng Siong, iFast, OUE, Far East Orchard