Hong Kong stocks open higher in spite of rate rise
Hong Kong stocks opened slightly higher on Thursday after a losing session on Wall Street that followed yet another Federal Reserve interest rate hike. The Hang Seng Index was up 0.18 percent, or 35.60 points, at 19,734.76. The Shanghai Composite Index was down 0.50 percent, or 16.53 points, at 3,307.12, while the Shenzhen Composite Index was down 0.12 percent, or 2.46 points, at 2,053.58. (AFP)