The Business Times

Hong Kong: Stocks rally at open

Published Tue, Nov 26, 2019 · 02:06 AM

[HONG KONG] Hong Kong shares opened with more gains on Tuesday on growing optimism that China and the United States will soon announce a partial trade agreement, while Chinese online retail giant Alibaba surged more than six percent on its debut.

The Hang Seng index added 0.71 per cent, or 190.86 points, to 27,183.90.

The benchmark Shanghai Composite Index added 0.22 per cent, or 6.35 points, to 2,912.52 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, rose 0.24 per cent, or 3.89 points, to 1,604.34.

AFP

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Capital Markets & Currencies

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here