Hong Kong Stocks Open Higher After Wall Street Gains

Hong Kong stocks open higher after Wall Street gains

HONG KONG,(Pakistan Point News - APP - 12th Augst,2016) - Hong Kong stocks were up Friday tracking strong gains on Wall Street but Shanghai was flat as investors awaited the announcement of more economic data for July. The Hang Seng Index climbed 0.77 percent, or 173.76 points, to 22,754.31. The benchmark Shanghai Composite Index slipped 0.08 percent, or 2.37 points, to 3,000.27 while the Shenzhen Composite Index, which tracks stocks on China's second exchange, fell 0.19 percent, or 3.64 points, to 1,947.28.