Hong Kong stocks rise after Fed raises rates - RTHK
A A A
Temperature Humidity
News Archive Can search within past 12 months

Hong Kong stocks rise after Fed raises rates

2022-07-28 HKT 09:39
Share this story facebook
  • The Hang Seng Index rose by almost a fifth of a percentage point in early trading. Photo: RTHK
    The Hang Seng Index rose by almost a fifth of a percentage point in early trading. Photo: RTHK
Hong Kong stocks opened slightly higher on Thursday morning after the head of the Federal Reserve indicated the bank's pace of interest rate hikes could begin to slow down.

The Hang Seng Index added 0.17 percent, or 35.42 points, to 20,705.46.

The Shanghai Composite Index added 0.36 percent, or 11.75 points, to 3,287.50 percent, while the Shenzhen Composite Indexclimbed 0.49 percent, or 1064 points, to 2,205.19. (AFP)

Hong Kong stocks rise after Fed raises rates