Business

HK stocks extend rally to open higher

Hang Seng Index up 0.45%, or 125.76 points, to 28,003.98

Updated 5 years ago · Published on 11 Jan 2021 9:42AM

HK stocks extend rally to open higher
Hong Kong stocks’ higher opening today follows another strong lead from Wall Street. – Pixabay pic, January 11, 2021

HONG KONG – Hong Kong stocks rose at the open this morning, extending last week’s rally, following another strong lead from Wall Street, with investors awaiting president-elect Joe Biden’s plans for a new US stimulus.

The Hang Seng Index rose 0.45%, or 125.76 points, to 28,003.98.

The benchmark Shanghai Composite Index was marginally higher, inching up 1.21 points to 3,571.32, while the Shenzhen Composite Index on China’s second exchange added 0.1%, or 2.31 points, to 2,421.81. – AFP, January 11, 2021

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