Hong Kong stocks surge out of the gates - RTHK
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Hong Kong stocks surge out of the gates

2022-08-11 HKT 09:59
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  • The Hang Seng Index rose 1.17 percent to 19,840. File photo: RTHK
    The Hang Seng Index rose 1.17 percent to 19,840. File photo: RTHK
Hong Kong stocks rallied more than one percent at the open on Thursday after a slowdown in US inflation boosted hopes that the Federal Reserve will slow down its pace of interest rate hikes.

The Hang Seng Index rose 1.17 percent to 19,840.

The Shanghai Composite Index added 0.42 percent to 3,243, while the Shenzhen Composite Index gained 0.47 percent to 2,191. (AFP)

Hong Kong stocks surge out of the gates