Money - International
Hong Kong stocks rally on China-US trade talks renewal
Floor traders work during afternoon trading at the Hong Kong Stock Exchange in a picture released August 5, 2014. Hong Kong is rushing to launch an initiative to allow global investors trade Chinese stocks from the city for the first time. u00e2u20acu201d Reuters pic

HONG KONG, July 2 — Hong Kong stocks finished with healthy gains today as investors welcomed the resumption of China-US trade talks and brushed off violent demonstrations that hit the city overnight.

The Hang Seng Index rose 1.17 per cent, or 332.94 points, to 28,875.56.

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The benchmark Shanghai Composite Index was marginally lower, inching down 0.96 points to 3,043.94, while the Shenzhen Composite Index, which tracks stocks on China’s second exchange, edged up 0.16 per cent, or 2.57 points, to 1,619.12. — AFP

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