HSI edges higher on optimism towards US economy
Hong Kong stocks rose for a second day on Wednesday as investors tracked a rally on Wall Street fuelled by optimism the US economy will avoid a recession despite more than a year of interest rate hikes. The Hang Seng Index gained 0.12 percent, or 23.92 points, to close at 19,172.05. The Shanghai Composite Index ended flat, inching down 0.07 points to 3,189.38, while the Shenzhen Composite Index on China's second exchange eased 0.44 percent, or 8.95 points, to 2,021.03. (AFP)