BCN-01 Hong Kong shares begin on front foot

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ZCZC

BCN-01

STOCKS-MARKETS-HONGKONG

Hong Kong shares begin on front foot

HONG KONG, Feb 25, 2021 (BSS/AFP) – Hong Kong shares kicked off Thursday
morning with healthy gains following the previous day’s sharp decline, with
traders cheered by another record close on Wall Street and interest rate
reassurances from the head of the Federal Reserve.

The Hang Seng Index jumped 1.53 percent, or 455.98 points, to 30,174.22.

The benchmark Shanghai Composite Index added 0.88 percent, or 31.46
points, to 3,595.54, while the Shenzhen Composite Index on China’s second
exchange gained 0.84 percent, or 19.82 points, to 2367.11.

BSS/AFP/FI/ 0745 hrs