Hong Kong, Shanghai stocks enjoy rare upturn

Business & Finance
27 Feb 2020 • 4:33 PM MYT
Malay Mail
Malay Mail

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A man walks past a panel displaying the benchmark Hang Seng index during afternoon trading in Hong Kong, China January 4, 2016. ― Reuters pic

HONG KONG, Feb 27 — Hong Kong and Shanghai stocks ended higher today as the spread of coronavirus shows signs of easing in China, with figures showing for the first time there were more infections reported outside the country than inside.

The Hang Seng Index added 0.31 per cent, or 82.13 points, to close at 26,778.62.

The benchmark Shanghai Composite Index added 0.11 per cent, 3.40 points, to 2,991.33 while the Shenzhen Composite Index, which track stocks on China’s second exchange, gained 0.24 per cent, or 4.53 points, to 1,895.13. — AFP