BCN-04 Hong Kong stocks open with gains

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ZCZC

BCN-04

STOCKS-MARKETS-HONGKONG-CHINA-OPEN

Hong Kong stocks open with gains

HONG KONG, Sept 9, 2019 (BSS/AFP) – Hong Kong stocks opened higher on
Monday to extend last week’s gains after China unveiled fresh economic
stimulus, while weak US jobs data fuelled talk of further Federal Reserve
interest rate cuts.

The Hang Seng Index added 0.20 percent, or 52.60 points, to 26,743.36.

The benchmark Shanghai Composite Index added 0.81 percent, or 24.18
points, to 3,023.78 and the Shenzhen Composite Index, which tracks stocks on
China’s second exchange, was up 0.84 percent, or 13.94 points, at 1,671.44.

BSS/AFP/HR/0925