Hong Kong: Shares close with healthy gains

[HONG KONG] Hong Kong shares finished Thursday on a strong note, helping pare the previous day's heavy losses, as investors welcomed reassurances from the head of the Federal Reserve that the bank would maintain its ultra-loose monetary policy for some time.

The Hang Seng Index rose 1.20 per cent or 355.93 points to 30,074.17.

The benchmark Shanghai Composite Index ganed 0.59 per cent or 20.97 points to 3,585.05, while the Shenzhen Composite Index on China's second exchange slipped 0.51 per cent or 11.88 points to 2,335.40.

AFP

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