BCN-01 Hong Kong stocks open higher on trade hopes

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ZCZC

BCN-01

STOCKS-MARKETS-HONGKONG-CHINA-OPEN

Hong Kong stocks open higher on trade hopes

HONG KONG, Jan 18, 2019 (BSS/AFP) – Hong Kong stocks rose in the opening
few minutes of trade Friday, tracking a healthy lead from Wall Street fuelled
by a report the US was considering easing tariffs on Chinese goods as part of
a drive to reach a trade deal.

The Hang Seng Index climbed 0.89 percent, or 237.81 points, to 26,993.44.

The benchmark Shanghai Composite Index added 0.32 percent, or 8.10 points,
to open at 2,567.74, while the Shenzhen Composite Index, which tracks stocks
on China’s second exchange, was 0.12 percent, or 1.55 points, up at 1,310.69.

BSS/AFP/MRI/0814 hrs