ZCZC
BCN-07
STOCKS-MARKETS-HONGKONG-CHINA-OPEN
Hong Kong stocks surge on trade deal reports
HONG KONG, Dec 13, 2019 (BSS/AFP) – Hong Kong stocks surged out of the
blocks Friday morning after reports China and the United States had finally
reached a partial trade deal that will see Washington cancel the imposition
of fresh tariffs planned for the weekend.
The Hang Seng index rose 1.85 percent, or 500.37 points, to 27,494.51.
The benchmark Shanghai Composite Index gained 0.76 percent, or 22.08
points, to 2,937.78 and the Shenzhen Composite Index, which tracks stocks on
China’s second exchange, rose 0.74 percent, or 12.05 points, to 1,648.38.
BSS/AFP/HR/0945