Hong Kong stocks close more than 5% higher
Hong Kong stocks jumped more than five percent on Friday. The Hang Seng Index soared 5.36 percent, or 821.65 points, to 16,161.14 – giving it a gain of nearly nine percent over the week. The Shanghai Composite Index climbed 2.43 percent, or 72.99 points, to 3,070.80, while the Shenzhen Composite Index on China's second exchange gained 2.68 percent, or 52.78 points, to 2,020.16.