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Hong Kong: Stocks extend gains at open

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[HONG KONG] Hong Kong stocks headed into the weekend on a positive note Friday, climbing for a second day on renewed hopes US lawmakers can push through market-friendly tax cuts.

The Hang Seng Index rose 0.67 per cent, or 195.60 points, to 29,214.36.

But the benchmark Shanghai Composite Index slipped 0.19 per cent, or 6.57 points, to 3,392.68 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, eased 0.16 per cent, or 3.25 points, to 2,006.88.


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