BCN-09 Hong Kong stocks rally at open

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ZCZC

BCN-09

STOCKS-MARKETS-HONGKONG-CHINA-OPEN

Hong Kong stocks rally at open

HONG KONG, Aug 30, 2019 (BSS/AFP) – Hong Kong stocks climbed more than one
percent in the first few minutes of Friday morning after China said it would
hold off retaliating against the latest US tariffs, while Donald Trump said
the two sides would hold talks.

The Hang Seng Index rallied 1.20 percent, or 308.14 points, to 26,011.64
at the open.

The benchmark Shanghai Composite Index rose 0.57 percent, or 16.46 points,
to 2,907.38 and the Shenzhen Composite Index, which tracks stocks on China’s
second exchange, added 0.51 percent, or 8.18 points, to 1,599.26.

BSS/AFP/HR/0932