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Home International Markets

Hong Kong stocks 0.90% higher in early trade, Hang Seng surges 214.17pts

byCustoms Today Report
09/01/2015
in International Markets
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BEIJING: Hong Kong stocks climbed 0.09 percent, spotting a third-straight rally, following more strong increases on Wall Street as a pick-up in confidence help out shareholders recover the losses Encountered at the start of the year.
The benchmark Hang Seng Index on Friday rose 214.17 points to 24,049.70.
Chinese shares were mixed in morning trade after data showed annual inflation for 2014 came in well below the official target, dealers said.
The benchmark Shanghai Composite Index fell 0.53 per cent, or 17.53 points, to 3,275.93.
The Shenzhen Composite Index, which tracks stocks on China’s second exchange, rose 0.17 per cent, or 2.47 points, to 1,453.62.
China’s consumer inflation stood at 2.0 per cent for the full year 2014, the government said, down from 2.6 per cent in 2013 and well below its target of about 3.5 per cent.

Tags: annual inflationat the start of the yearChina's second exchangeHang Seng surges 214.17ptsHong Kong StocksShanghai Composite

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