Hong Kong: Stocks rebound more than 2.5% at open

[HONG KONG] Hong Kong stocks jumped more than 2.5 per cent at the open on Friday as investors welcomed massive stimulus measures unveiled to offset the economic impact of the coronavirus pandemic.

The Hang Seng Index rose 2.55 per cent, or 552.59 points, to 22,261.72 in opening trade.

The benchmark Shanghai Composite Index rose 0.99 per cent, or 26.66 points, to 2,728.79 while the Shenzhen Composite Index on China's second exchange opened 1.10 per cent higher, up 18.58 points, at 1,701.51.

AFP

GET BT IN YOUR INBOX DAILY

Start and end each day with the latest news stories and analyses delivered straight to your inbox.

Sign UpVIEW ALL