Hong Kong Stocks Rally At Open

Hong Kong stocks rally at open

HONG KONG, (UrduPoint / Pakistan Point News -5th Sep,2016) : Hong Kong shares surged more than one percent in the first few minutes of trade Monday as a slowdown in US jobs creation last month lowered expectations for an interest rate hike this month.

The Hang Seng Index added 1.20 percent, or 280.29 points, to 23,546.99. The benchmark Shanghai Composite Index edged up 0.11 percent, or 3.36 points, to 3,070.71 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, added 0.29 percent, or 5.90 points, to 2,015.19.