Hong Kong stocks finish week with gain

14 Jul, 2023

HONG KONG: Hong Kong stocks completed a full week of gains on Friday, as traders bet the Federal Reserve is close to the end of its rate-hike cycle and were hopeful of fresh economic stimulus measures out of China.

The Hang Seng Index added 0.33 percent, or 63.16 points, to 19,413.78.

Hong Kong stocks drop at open

The Shanghai Composite Index was marginally higher, adding 1.22 points to 3,237.70, while the Shenzhen Composite Index on China’s second exchange was also flat, inching down 0.90 points to 2,058.10.

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