Hong Kong stocks rise after Fed raises rates
Hong Kong stocks opened slightly higher on Thursday 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 percent, or 35.42 points, to 20,705.46. The Shanghai Composite Index added 0.36 percent, or 11.75 points, to 3,287.50 percent, while the Shenzhen Composite Indexclimbed 0.49 percent, or 1064 points, to 2,205.19. (AFP)