Hong Kong stocks rally on Fed rate optimism
Hong Kong stocks rose on Thursday morning at the open as global markets rallied on hopes the Federal Reserve may have come to the end of its campaign of interest-rate hikes. The Hang Seng Index climbed 1.06 percent to 17,282. The Shanghai Composite Index added 0.18 percent, or 5.59 points, to 3,028, and the Shenzhen Composite Index gained 0.09 percent, or 1.65 points, to 1,873. (AFP)