BCN-38 Hong Kong stocks rise for fourth day

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BCN-38

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Hong Kong stocks rise for fourth day

HONG KONG, Aug 9, 2018 (BSS/AFP) – Hong Kong stocks rose for a fourth
straight day on Thursday as investors brushed off China’s tit-for-tat threat
of tariffs against US goods.

The Hang Seng Index climbed 0.88 percent, or 248.16 points, to 28,607.30.

The benchmark Shanghai Composite Index climbed 1.83 percent, or 50.31
points, to 2,794.38, while the Shenzhen Composite Index, which tracks stocks
on China’s second exchange, jumped 2.65 percent, or 38.94 points, to
1,505.64.

BSS/AFP/HR/1425