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Hong Kong: Shares begin with big gains

Business Times ·  Jul 7, 2022 21:58

HONG KONG stocks jumped at the start of business Friday (Jul 8) morning following a strong performance in New York and Europe, fuelled by easing concerns about a recession.

The $Hang Seng Index(800000.HK)$ climbed 1.47 per cent, or 318.17 points, to 21,961.75.

The Shanghai Composite Index added 0.47 per cent, or 15.97 points, to 3,380.37, while the Shenzhen Composite Index on China's second exchange gained 0.40 per cent, or 8.88 points, to 2,236.54.

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