BCN-39 Hong Kong, Shanghai stocks post further gains

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BCN-39

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Hong Kong, Shanghai stocks post further gains

HONG KONG, Jan 9, 2019 (BSS/AFP) – Hong Kong stocks rose for a fourth
straight day Wednesday as investors grow increasingly hopeful that talks
between China and US officials will lead to a deal to end their long-running
trade war.

The Hang Seng Index jumped 2.27 percent, or 586.87 points, to end at
26,462.32 and has now gained around five percent since Thursday’s close.

The benchmark Shanghai Composite Index gained 0.71 percent, or 17.88
points, to 2,544.34 and the Shenzhen Composite Index, which tracks stocks on
China’s second exchange, added 0.54 percent, or 7.06 points, to 1,306.95.

BSS/AFP/HR/1445