BCN-10 Hong Kong stocks open with strong gains

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BCN-10

STOCKS-MARKETS-HONGKONG-CHINA-OPEN

Hong Kong stocks open with strong gains

HONG KONG, Nov 8, 2018 (BSS/AFP) – Hong Kong stocks rallied at the open on
Thursday, tracking a surge on Wall Street as investors bet the result of the
US midterms will prevent Donald Trump pushing through fresh inflation-
fuelling fiscal measures.

The Hang Seng Index climbed 1.31 percent, or 343.58 points, to 26,491.27.

The benchmark Shanghai Composite Index gained 0.71 percent, or 18.75
points, to 2,660.09 and the Shenzhen Composite Index, which tracks stocks on
China’s second exchange, rose 0.66 percent, or 8.83 points, to 1,349.20.

BSS/AFP/HR/0945