Markets

Hong Kong stocks finish sharply higher

Published March 17, 2023 Updated March 17, 2023 01:45pm
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HONG KONG: Hong Kong stocks finished a rollercoaster week on a positive note Friday as traders cheered moves to support troubled banks following the collapse of two US lenders last weekend.

The Hang Seng Index rallied 1.64 percent, or 314.68 points, to 19,518.59.

Hong Kong stocks end with more losses

The Shanghai Composite Index climbed 0.73 percent, or 23.65 points, to 3,250.55, while the Shenzhen Composite Index on China’s second exchange added 0.52 percent, or 10.70 points, to 2,060.18.