Markets

Hong Kong stocks close higher

Published Updated
By

HONG KONG: Hong Kong stocks closed higher on Thursday, tracking gains in Asian and US trading following a rout earlier in the week due to higher-than-expected US inflation data.

The Hang Seng Index rose 0.4 percent, or 83.28 points, to 18,930.38.

Hong Kong stocks close lower

The Shanghai Composite Index dropped 1.2 percent, or 37.62 points, to 3,199.92, while the Shenzhen Composite Index on China’s second exchange also lost ground, dropping 2.34 percent, or 49.11 points, to 2,051.79.