The Business Times

Hong Kong: Stocks open up 0.52%

Published Tue, May 5, 2015 · 02:20 AM

[HONG KONG] Hong Kong stocks gained 0.52 per cent Tuesday, as a strong performance on Wall Street provided momentum for a second day.

The Hang Seng index added 145.85 points to 28,269.67 shortly after the opening bell.

Chinese shares were slightly lower in early trade, as new share issues created tighter market liquidity, dealers said.

The benchmark Shanghai Composite Index edged down 0.26 per cent, or 11.53 points, to 4,468.93.

The Shenzhen Composite Index, which tracks stocks on China's second exchange, slipped 0.27 per cent, or 6.26 points, to 2,275.40.

AFP

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