Business News

Hong Kong stocks open higher

HONG KONG, (MILLAT/APP/AFP) – Shares rose in Hong
Kong during the first few minutes of trade Tuesday following the previous day’s sell-off as traders cling to hopes Donald Trump will still be able to push through key
economic reforms despite the failure of his healthcare bill.
The Hang Seng Index added 0.56 percent, or 135.47 points, to 24,329.17.
But the benchmark Shanghai Composite Index was marginally lower, dipping 1.33 points to 3,265.63 and the Shenzhen Composite Index, which tracks stocks on China’s second exchange, edged 0.07 percent, or 1.49 points, lower to 2,037.92.