Business News

Hong Kong shares rally on China trade data

HONG KONG, (MILLAT/APP/AFP) – Hong Kong stocks rose for
a third successive day Wednesday and Shanghai pared early losses after data showed Chinese imports surged almost 40 percent in February, helped by improving domestic demand.
The Hang Seng Index added 0.44 percent, or 105.24 points, to close at
23,786.31.
The benchmark Shanghai Composite Index inched down 0.05 percent, or 1.75 points, to 3,240.66. The Shenzhen Composite Index, which tracks stocks on China’s second exchange, lost 0.36 percent, or 7.35 points, to 2,024.28.