Hong Kong stocks start day on positive note

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HONG KONG, June 1, 2018 (BSS/AFP) – Hong Kong stocks rose in the first few
minutes of trade Friday as Italy’s populist parties agreed to form a
coalition government and avoid holding snap elections, though gains were
tempered by fresh trade war fears.

The Hang Seng Index added 0.26 percent, or 80.22 points, to 30,548.78.

But the benchmark Shanghai Composite Index shed 0.35 percent, or 10.72
points, to 3,084.75, while the Shenzhen Composite Index, which tracks stocks
on China’s second exchange, lost 0.41 percent, or 7.26 points, to 1,760.29.