Hong Kong stocks opened higher on Thursday

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Hong Kong stocks opened up on Thursday, tracking Wall Street after the nomination of a new US Federal Reserve chief and the unveiling of Republican tax reforms. The Hang Seng Index gained 0.22 percent, or 63.97 points, to 28,582.61, reports BSS.

The benchmark Shanghai Composite Index slipped 0.16 percent, or 5.57 points, to 3,377.74, while the Shenzhen Composite Index, which tracks stocks on China’s second exchange, eased 0.06 percent, or 1.11 points, to 1,988.87.

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