Hong Kong: Shares up at Open

AFP2022-07-28

HONG KONG stocks opened slightly higher on Thursday (Jul 28) morning after the head of the Federal Reserve indicated the bank's pace of interest rate hikes could begin to slow down.

The Hang Seng Index added 0.17 per cent, or 35.42 points, to 20,705.46.

The Shanghai Composite Index added 0.36 per cent, or 11.75 points, to 3,287.50 per cent, while the Shenzhen Composite Index on China's second exchange climbed 0.49 per cent, or 1064 points, to 2,205.19.

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