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Hong Kong stocks close higher

Hong Kong stocks

Hong Kong stocks close higher

Hong Kong stocks closed better on Friday, with marketplace sentiment boosted by using China’s choice to decrease a key benchmark rate.

The Hang Seng Index rose 2.96 percent, or 596.56 factors, to 20,717.24.

Both the mainland’s indexes additionally closed higher — the Shanghai Composite Index jumped 1.60 percent, or 49.60 factors, to three,146.57, at the same time as the Shenzhen Composite Index rose 1.59 percent, or 30.97 points, to 1,983.67.