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Hong Kong shares rally into the weekend

Hong Kong

Hong Kong shares rally into the weekend

Hong Kong stocks closed with greater sturdy profits as buyers welcomed an easing of Covid containment measures in Shanghai and Beijing, which raised hopes for the arena’s range two economic systems.

The Hang Seng Index climbed 2.06 percent, or 426.57 points, to 21,123.93.

The Shanghai Composite Index added 0.60 percent, or 18.82 points, to 3,149.06, while the Shenzhen Composite Index on China’s second exchange rose 1.07 percent or 20.86 points to 1,975.89.