Hong Kong stocks rise on stimulus package

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  • 2021-03-12 HKT 09:48″ title=”The Hang Seng Index rose over half a percentage point in early trading. Photo: RTHK”>


    The Hang Seng Index rose over half a percentage point in early trading. Photo: RTHK
    The Hang Seng Index rose over half a percentage point in early trading. Photo: RTHK

Hong Kong stocks started on the front foot Friday following a record performance on Wall Street and in Europe as traders welcomed Joe Biden’s signing off of his vast US economic stimulus package.

The Hang Seng Index rose 0.56 percent, or 164.76 points to 29,550.37.

The benchmark Shanghai Composite Index added 0.30 percent, or 10.37 points to 3,447.20, while the Shenzhen Composite Index gained 0.40 percent, or 8.87 points to 2,225.36. (AFP)