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Markets

Hong Kong stocks finish week on a healthy note

  • The Hang Seng Index 0.85 percent, or 242.68 points, to 28,801.27.
Published June 18, 2021 Updated June 18, 2021 01:42pm
By

HONG KONG: Hong Kong stocks finished higher on Friday as expectations of an earlier interest rate hike by the Federal Reserve eased concerns about possible runaway inflation and an overheating economy.

The Hang Seng Index 0.85 percent, or 242.68 points, to 28,801.27.

The benchmark Shanghai Composite Index was flat, inching down 0.51 points to 3,525.10, while the Shenzhen Composite Index on China's second exchange added 0.81 percent, or 19.21 points, to 2,378.61.

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