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Hong Kong stocks finish sharply higher

stocks

Hong Kong stocks finish sharply higher

Hong Kong stocks rose in lockstep with global markets, boosted by a jump in IT businesses fueled by reports that China’s assault on the sector may be coming to an end.

The Hang Seng Index climbed 2.24 percent, or 482.92 points, to 22,014.59.

Read More: Hong Kong stocks finish lower

The Shanghai Composite Index rose 0.68 percent, or 22.03 points, to 3,263.79, while the Shenzhen Composite Index on China’s second exchange added 0.52 percent, or 10.84 points, to 2,083.42.

Read More: Hong Kong stocks end with steep losses