HONG KONG, MILLAT+(APP/AFP) – Hong Kong shares rallied
Wednesday as a pick-up in China’s yuan eased concerns about the
world’s number two economy and outflows of cash from the mainland.
Hong Kong’s Hang Seng Index added 1.13 percent, or 257.29
points, to close at 23,098.26.
The benchmark Shanghai Composite Index added 0.14 percent,
or 4.24 points, to close at 3,113.01 but the Shenzhen Composite
Index, which tracks stocks on China’s second exchange, lost 0.45
percent, or 8.43 points, to end at 1,864.59.