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Wednesday, January 19, 2022

Hong Kong stocks up 1.02pc at break

Hong Kong stocks up 1.02pc at breakHONG KONG: Hong Kong stocks climbed 1.02 percent Wednesday morning, in line with a rally in Shanghai, with investors betting on further monetary easing measures for the Chinese economy.

The benchmark Hang Seng Index added 243.65 points to 24,145.14 by lunch on turnover of HK$ 51.89 billion ($ 6.70 billion).

In mainland China the benchmark Shanghai Composite Index rose 0.86 percent, or 30.14 points, to 3,532.99.

The Shenzhen Composite Index, which tracks stocks on China’s second exchange, gained 1.09 percent, or 19.38 points, to 1,801.16.

Copyright AFP (Agence France-Presse), 2015

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