Hong Kong shares rally out of the blocks
Hong Kong stocks surged at Thursday's open, tracking a global advance after data showed US inflation slowing more than expected last month, fanning hopes of an end to the Federal Reserve's interest rate hikes. The Hang Seng Index jumped 1.70 percent, or 320 points, to 19,181. The Shanghai Composite Index gained 0.21 percent, or 6.57 points, to 3,202, while the Shenzhen Composite Index rose 0.30 percent, or 6.18 points, to 2,036. (AFP)