Hong Kong stocks open higher on Wall Street lead
Hong Kong stocks opened sharply higher on Thursday, tracking a record-breaking performance on Wall Street, after the Federal Reserve signalled it would cut interest rates next year. The Hang Seng Index jumped 1.18 percent, or 190.99 points, to 16,419.74. The Shanghai Composite Index added 0.37 percent, or 10.94 points, to 2,979.70, and the Shenzhen Composite Index rose 0.41 percent, or 7.51 points, to 1,852.94. (AFP)