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Hong Kong stocks advance with Fed decision in view

Hong Kong stocks advance with Fed decision in viewHONG KONG: Shares in Hong Kong rose on Thursday morning, in line with a global rally ahead of a US interest rate decision, while Shanghai was slightly higher at the end of another volatile session.

The Hang Seng Index added 0.77 percent, or 169.70 points, to 22,136.36 by the break.

In Shanghai the benchmark composite index rose 0.51 percent, or 16.05 points, to 3,168.31. It had surged almost five percent Wednesday, after losing around six percent over the previous two days.

The Shenzhen Composite Index, which tracks stocks on China’s second exchange, added 1.31 percent, or 22.05 points, to 1,705.41.

Copyright AFP (Agence France-Presse), 2015

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