Hong Kong stocks open 1.02 percent higher | Inquirer Business

Hong Kong stocks open 1.02 percent higher

/ 09:53 AM November 02, 2012

A man walks past a screen displaying stock index outside a local bank in Hong Kong. AP FILE PHOTO

HONG KONG–Hong Kong stocks opened up 1.02 percent on Friday after Wall Street posted solid gains on upbeat US economic data.

The benchmark Hang Seng Index rose 222.80 points to 22,044.67 in the first minutes of trade, helped by the positive figures on US manufacturing, consumer confidence and weekly jobless claims.

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TAGS: Business, economic indicator, Hang Seng Index, Hong Kong Stocks, Stock Activity, Wall Street

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