HONG KONG: Hong Kong and Shanghai shares rallied Friday on hopes for further Chinese stimulus after another indicator suggested the mainland economy is still struggling.
The Hang Seng Index added 1.43 percent, or 394.55 points, to 27,918.27 on turnover of HK$75.60 billion ($9.75 billion).
The benchmark Shanghai Composite Index jumped 1.93 percent, or 87.60 points, to 4,617.02.
The Shenzhen Composite Index, which tracks stocks on China’s second exchange, added 0.65 percent, or 17.63 points, to 2,731.05.
