HONG KONG: Hong Kong stocks opened on the front foot Friday morning following a surge on Wall Street fuelled by further evidence inflation is receding.

The Hang Seng Index rose 0.38 percent, or 78.24 points, to 20,422.72.

Hong Kong stocks marginally lower at open

The Shanghai Composite Index climbed 0.24 percent, or 8.01 points, to 3,326.37, while the Shenzhen Composite Index on China’s second exchange added 0.15 percent, or 3.16 points, to 2,130.85.