Hong Kong: Stocks close up 0.30%

[HONG KONG] Hong Kong shares closed 0.30 per cent higher on Wednesday, tracking a surge in Shanghai and extending its recent rally on hopes for further economy-boosting measures by China.

The benchmark Hang Seng Index added 83.36 points to 27,933.85. Turnover was HK$187.85 billion.

In mainland China the benchmark Shanghai Composite Index jumped 2.44 per cent, or 104.87 points, to 4,398.49.

The Shenzhen Composite Index, which tracks stocks on China's second exchange, gained 2.74 per cent, or 59.53 points, to 2,234.46.

AFP