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Hong Kong: Stocks bounce at open


[HONG KONG] Hong Kong stocks rallied more than one percent after opening on Friday morning, rebounding from the previous day's losses and helped by gains on Wall Street.

The Hang Seng Index climbed 1.04 per cent, or 323.40 points, to 31,289.08 in early trade.

The benchmark Shanghai Composite Index added 0.21 per cent, or 6.87 points, to 3,275.43 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, edged higher 0.03 per cent, or 0.50 points, to 1,772.47.