Hong Kong stocks rose in the first few minutes of trade on Friday

The benchmark Shanghai Composite Index was flat, edging up 0.75 points to 3,386.46 but the Shenzhen Composite Index.

Hong Kong stocks rose in the first few minutes of trade on Friday after markets in Europe and New York hit fresh records, and with energy firms building on their latest gains. The Hang Seng Index added 0.51 percent, or 157.38 points, to 30,893.86 at the open.

The benchmark Shanghai Composite Index was flat, edging up 0.75 points to 3,386.46 but the Shenzhen Composite Index, which tracks stocks on China’s second exchange, eased 0.06 percent, or 1.16 points, to 1,939.80, reports BSS.

The Stock Exchange of Hong Kong Limited is a stock exchange located in Hong Kong. It is East Asia’s and Asia’s third largest stock exchange in terms of market capitalization behind the Tokyo Stock Exchange and Shanghai Stock Exchange, and the sixth largest in the world before Euronext.

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