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Hong Kong's Hang Seng Index opens higher

HONG KONG
2022-03-17 10:23

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HONG KONG, March 17 (Xinhua) -- Hong Kong's Hang Seng Index gained more than 4 percent to open higher at 21,430.71 points on Thursday, continuing a rebound from a record low registered earlier this trading week.

The benchmark index of Hong Kong shares closed 9.08 percent higher on Wednesday to ascend to 20,087.5 points after hitting a new low in nearly a decade, as the authorities reassured investors that the financial hub's financial system remains stable amid global gloom.

The index jumped 1,672.42 points after tumbling to 18,415.08 points upon closing on Tuesday. It was the largest daily gain of the index since October 2008.
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