BCN-16 Hong Kong stocks end sharply higher

202

ZCZC

BCN-16

STOCKS-MARKETS-HONGKONG-CHINA-CLOSE

Hong Kong stocks end sharply higher

HONG KONG, Dec 12, 2019 (BSS/AFP) – Hong Kong stocks surged more than one
percent Thursday after the Federal Reserve indicated it would leave interest
rate unchanged next year, while investors are keeping tabs on the China-US
trade talks.

The Hang Seng index climbed 1.31 percent, or 348.71 points, to 26,994.14.

But the benchmark Shanghai Composite Index fell 0.30 percent, or 8.72
points, to 2,915.70 and the Shenzhen Composite Index, which tracks stocks on
China’s second exchange, dropped 0.19 percent, or 3.17 points, to 1,636.33.

BSS/AFP/HR/1435