Hong Kong shares close higher

Hong Kong: Hong Kong stocks closed higher Friday, with Chinese shares ending above water for the first time this week as the weak yuan currency defied US President Trump’s attack on a strong dollar.

The Hang Seng Index rose 0.76 percent, or 213.62 points, to 28,224.48.

The benchmark Shanghai Composite Index gained 2.05 percent, or 56.72 points, to end at 2,829.27 and the Shenzhen Composite Index, which tracks stocks on China’s second exchange, rose 1.12 percent, or 17.72 points, to 1,593.30.

AFP