Business News

Hong Kong, Shanghai close up in first trade of year

HONG KONG, (MILLAT+APP/AFP) – Hong Kong and Shanghai
stocks ended higher Tuesday after opening flat on the first trading day of the year.
The Hang Seng Index climbed 0.57 percent, or 125.45 points, to end at
22,126.01.
The benchmark Shanghai Composite Index gained 1.04 percent, or 32.28
points, to 3,135.92 on turnover of 159.9 billion yuan ($23.30 billion).
The Shenzhen Composite Index, which tracks stocks on China’s second
exchange, increased 0.86 percent, or 16.84 points, to 1,985.95 on turnover of 199.5 billion yuan.