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Hong Kong stocks bounce at open

WT24 Desk

Hong Kong stocks rallied more than one percent after opening on Friday morning, rebounding from the previous day’s losses and helped by gains on Wall Street,AFP reports. The Hang Seng Index climbed 1.04 percent, or 323.40 points, to 31,289.08 in early trade.

The benchmark Shanghai Composite Index added 0.21 percent, or 6.87 points, to 3,275.43 and the Shenzhen Composite Index, which tracks stocks on China’s second exchange, edged higher 0.03 percent, or 0.50 points, to 1,772.47.

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