BCN-14 Hong Kong stocks rally at start of week

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BCN-14

HONGKONG-CHINA-MARKETS-STOCKS-CLOSE

Hong Kong stocks rally at start of week

HONG KONG, Aug 20, 2018 (BSS/AFP) – Hong Kong stocks rallied more than one
percent Monday, in line with a broad advance around Asia, on hopes for
planned trade talks between China and the United States.

The Hang Seng Index jumped 1.41 percent, or 384.61 points, to close at
27,598.02.

The benchmark Shanghai Composite Index climbed 1.11 percent, or 29.50
points, to 2,698.47 and the Shenzhen Composite Index, which tracks stocks on
China’s second exchange, added 0.60 percent, or 8.69 points, to 1,451.07.

BSS/AFP/MR/ 1440 hrs