HONG KONG: Hong Kong stocks rose for a second day Wednesday as investors tracked a rally on Wall Street fuelled by optimism the US economy will avoid a recession despite more than a year of interest rate hikes.

The Hang Seng Index gained 0.12 percent, or 23.92 points, to close at 19,172.05.

Hong Kong, Shanghai stocks finish higher

The Shanghai Composite Index ended flat, inching down 0.07 points to 3,189.38, while the Shenzhen Composite Index on China’s second exchange eased 0.44 percent, or 8.95 points, to 2,021.03.