BCN-03 Hong Kong stocks rally at open

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ZCZC

BCN-03

STOCKS-MARKETS-HONGKONG-CHINA-OPEN

Hong Kong stocks rally at open

HONG KONG, Dec 12, 2018 (BSS/AFP) – Hong Kong stocks rose more than one
percent in the opening minutes of Wednesday as the release on bail of a
Huawei executive in Canada boosted hopes for China-US trade talks.

The Hang Seng Index rose 1.09 percent, or 279.83 points, to 26,051.50.

The benchmark Shanghai Composite Index advanced 0.54 percent, or 14.02
points, to 2,608.11 and the Shenzhen Composite Index, which tracks stocks on
China’s second exchange, gained 0.36 percent, or 4.87 points, to 1,348.77.

BSS/AFP/MR/ 1123 hrs