BCN-09 Hong Kong stocks extend gains at open

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ZCZC

BCN-09

STOCKS-MARKETS-HONGKONG-CHINA-OPEN

Hong Kong stocks extend gains at open

HONG KONG, June 20, 2019 (BSS/AFP) – Hong Kong stocks extended a rally
into a fourth straight day Thursday after the Federal Reserve paved the way
for a cut in interest rates.

The Hang Seng Index opened up 0.38 percent, or 106.71 points, at
28,308.85.

The benchmark Shanghai Composite Index was barely moved, inching down 0.47
points to 2,917.33, while the Shenzhen Composite Index, which tracks stocks
on China’s second exchange, dipped 0.08 percent, or 1.27 points, to 1,525.50.

BSS/AFP/HR/0955