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Hong Kong, Shanghai stocks open higher after Fed minutes

People walk past a panel displaying figures of China stock indexes and Hang Seng Index at the financial Central district in Hong Kong, China Sept 2, 2015.

[HONG KONG] Hong Kong and Shanghai stocks rose after opening Friday, tracking rallies in New York and Europe, after minutes from the Federal Reserve's latest policy meeting hinted interest rates could be kept at record lows for some time.

The benchmark Hang Seng Index gained 1.17 per cent, or 261.03 points, to 22,615.94 soon after opening.

And in Shanghai, the benchmark composite index added 0.10 per cent, or 3.28 points, to 3,146.64, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, eased 0.08 per cent, or 1.44 points, to 1,783.95.


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