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Shares rebound at open in Hong Kong, Shanghai

Shares rebound at open in Hong Kong, Shanghai

Hong Kong stocks rallied in the first few minutes of trade Tuesday, rebounding from the previous day's losses and tracking New York gains as dealers looked past the collapse of weekend talks to limit oil output.

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By AFP | 19.04.2016

Hong Kong stocks rallied in the first few minutes of trade Tuesday, rebounding from the previous day's losses and tracking New York gains as dealers looked past the collapse of weekend talks to limit oil output.

The Hang Seng Index climbed 1.31 percent, or 276.63 points, to 21,438.13 at the open.

And in Shanghai the composite index gained 0.44 percent, or 13.47 points, to 3,047.13, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, rose 0.41 percent, or 8.05 points, to 1,960.46.

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