ZCZC
BCN-39
STOCKS-MARKET-HONGKONG-CHINA-CLOSE
Hong Kong stocks recover from sharp losses
HONG KONG, May 31, 2018 (BSS/AFP) – Hong Kong stocks on Thursday bounced back from the previous day’s sell-off as fears over political turmoil in Italy subsided, while investors also cheered upbeat data on Chinese factory activity.
The Hang Seng Index climbed 1.37 percent, or 411.77 points, to 30,468.56.
The benchmark Shanghai Composite Index advanced 1.78 percent, or 54.03 points, to 3,095.47 and the Shenzhen Composite Index, which tracks stocks on China’s second exchange, jumped 1.80 percent, or 31.21 points, to 1,767.55.
BSS/AFP/HR/1415