AFP, Hong Kong :
Hong Kong and Shanghai shares ended the week on a high Friday as investors bet the Federal Reserve will delay a US interest rate hike and China will unveil a fresh round of economic stimulus measures soon.
In Hong Kong, the Hang Seng Index added 0.78 percent, or 179.20 points, to 23,067.37 — 2.6 percent higher that the end of last week.
And Shanghai stocks rose 1.60 percent ahead of the release Monday of third-quarter growth data. The city’s benchmark composite index added 53.28 points to 3,391.35. The index gained 6.54 percent over the week.
Hong Kong and Shanghai shares ended the week on a high Friday as investors bet the Federal Reserve will delay a US interest rate hike and China will unveil a fresh round of economic stimulus measures soon.
In Hong Kong, the Hang Seng Index added 0.78 percent, or 179.20 points, to 23,067.37 — 2.6 percent higher that the end of last week.
And Shanghai stocks rose 1.60 percent ahead of the release Monday of third-quarter growth data. The city’s benchmark composite index added 53.28 points to 3,391.35. The index gained 6.54 percent over the week.
