Business News

Hong Kong, Shanghai stocks up by break

HONG KONG, (APP/AFP) – Hong Kong stocks climbed by the
break Monday, extending a recent rally after strong US jobs data, while Shanghai was lifted by an expected delay in plans to speed up initial public offerings.
The Hang Seng Index edged up 0.17 percent, or 33.58 points, to
20,210.28.
The benchmark Shanghai Composite Index gained 0.78 percent, or 22.40
points, to 2,896.55, while the Shenzhen Composite Index, which tracks stocks on China’s second exchange, jumped 2.31 percent, or 39.42 points, to 1,746.39.