BCN-26 Hong Kong, Shanghai stocks close sharply higher

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ZCZC

BCN-26

STOCKS-MARKETS-HONGKONG-CHINA-CLOSE

Hong Kong, Shanghai stocks close sharply higher

HONG KONG, Nov 15, 2018 (BSS/AFP) – Hong Kong stocks rallied with Shanghai
Thursday on hopes China and the US can ease trade tensions, while market
heavyweight Tencent surged on the back of better-than-expected earnings.

The Hang Seng Index jumped 1.75 percent, or 448.91 points, to close at
26,103.34.

The benchmark Shanghai Composite Index closed 1.36 percent, or 35.93
points, higher to 2,668.17, while the Shenzhen Composite Index, which tracks
stocks on China’s second exchange, added 1.45 percent, or 20.04 points, to
1,398.40.

BSS/AFP/HR/1415