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Monday, November 25, 2024

Home Business Hong Kong stocks open sharply higher

Hong Kong stocks open sharply higher

by News desk
July 16, 2020
in Business

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Hong Kong

Hong Kong shares started Wednesday morning with big gains on fresh hopes for a virus vaccine, which offset news that Donald Trump had removed the city’s special trade privileges as expected. The Hang Seng Index rose 1.61 percent, or 410.89 points, to 25,888.78. The benchmark Shanghai Composite Index added 0.22 percent, or 7.46 points, to 3,422.08, while the Shenzhen Composite Index on China’s second exchange edged up 0.15 percent, or 3.47 points, to 2,313.04.—APP