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Markets

Hong Kong stocks open higher

  • The Hang Seng Index rose 0.56 percent, or 164.76 points to 29,550.37.
Published March 12, 2021 Updated March 12, 2021 10:41am
By

HONG KONG: Hong Kong stocks started on the front foot Friday following a record performance on Wall Street and in Europe as traders welcomed Joe Biden's signing off of his vast US economic stimulus package.

The Hang Seng Index rose 0.56 percent, or 164.76 points to 29,550.37.

The benchmark Shanghai Composite Index added 0.30 percent, or 10.37 points to 3,447.20, while the Shenzhen Composite Index on China's second exchange gained 0.40 percent, or 8.87 points to 2,225.36.

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