Hong Kong stocks close week with gains

HONG KONG: Hong Kong stocks ended the week with another rise, in line with a broad advance across Asia on hopes that US lawmakers will be able to push through Donald Trump's much-vaunted tax-cut plans.

The Hang Seng Index rose 0.62 percent, or 180.28 points, to close at 29,199.04.

The benchmark Shanghai Composite Index lost 0.48 percent, or 16.34 points, to 3,382.91 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, fell 2.78 percent, or 55.83 points, to 1,954.30.