Business News

Hong Kong stocks open higher after France vote

HONG KONG, April 24 (APP/AFP) – Hong Kong shares rallied
in line with a broad Asian advance Monday morning after pro-European Emmanuel Macron won the first round of France’s presidential election and looked set to beat far-right candidate Marine Le Pen in the run-off.
The Hang Seng Index rose 0.60 percent, or 143.74 points, to 24,185.76.
But the benchmark Shanghai Composite Index lost 0.28 percent, or 8.90
points, to 3,164.25 while the Shenzhen Composite Index, which tracks stocks on China’s second exchange, decreased 0.31 percent, or 5.97 points, to 1,914.26.