Business News

Hong Kong, Shanghai stocks rally at open

HONG KONG, (APP/AFP): Hong Kong and Shanghai stocks climbed
in line with a regional advance at the open Thursday, following strong leads from Wall Street and Europe as traders cheered a surge in oil prices.
The Hang Seng Index in Hong Kong gained 0.45 percent, or 91.15
points, to 20,297.82.
And the benchmark Shanghai Composite Index edged up 0.25 percent, or
7.75 points, to 3,058.34, while the Shenzhen Composite Index, which tracks stocks on China’s second exchange, rose 0.27 percent, or 5.35 points, to 1,967.06.