Markets

Hong Kong stocks begin on positive note

Published September 4, 2023 Updated September 4, 2023 10:40am
By

HONG KONG: Hong Kong stocks rallied at the open Monday after US jobs data eased pressure on the Federal Reserve to hike interest rates any further.

The Hang Seng Index jumped 1.14 percent, or 210.47 points, to 18,592.53.

Hong Kong, Shanghai stocks end down

The Shanghai Composite Index gained 0.41 percent, or 12.70 points, to 3,145.94, while the Shenzhen Composite Index on China’s second exchange rose 0.44 percent, or 8.56 points, to 1,962.14.