BCN-10 Hong Kong stocks build on rally at open

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ZCZC

BCN-10

STOCKS-MARKETS-HONGKONG-CHINA-OPEN

Hong Kong stocks build on rally at open

HONG KONG, Nov 29, 2018 (BSS/AFP) – Hong Kong stocks extended the previous
day’s rally in the opening few minutes of trade Thursday, with investors
cheered by an indication from the head of the Federal Reserve that it could
slow its pace of interest rate hikes.

The Hang Seng Index rose 0.83 percent, or 221.65 points, to 26,904.21

The benchmark Shanghai Composite Index gained 0.46 percent, or 12.04
points, to 2,613.78, while the Shenzhen Composite Index, which tracks stocks
on China’s second exchange, added 0.45 percent, or 6.07 points, to 1,361.45.

BSS/AFP/HR/0930