Hong Kong Stocks Open Higher On Powell Comments
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2021-02-24 HKT 09:47
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Hong Kong shares opened slightly higher on Wednesday morning, extending the previous day's rally, after Federal Reserve boss Jerome Powell reiterated his commitment to keep US interest rates at record lows for as long as needed for the economy.
The Hang Seng Index rose 0.23 percent, or 70.01 points, to 30,702.65.
The benchmark Shanghai Composite Index inched up 0.07 percent, or 2.58 points, to 3,638.94, while the Shenzhen Composite Index added 0.10 percent, or 2.51 points, to 2,398.52. (AFP)
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