Business News

HONG KONG, (APP/AFP) – Hong Kong and
Shanghai stocks ended the week up as the oil price rebounded, and despite disappointing economic data from China that missed expectations.
The benchmark Shanghai Composite Index jumped 1.60 percent, or 48.03
points, to 3,050.67, while the Shenzhen Composite Index, which tracks stocks on China’s second exchange, gained 1.17 percent, or 22.75 points, to 1,973.67.
Hong Kong’s Hang Seng Index climbed 0.83 percent or 186.36 points, to
22,766.91.