By Agence France-Presse
Hong Kong stocks pressed higher Friday morning, extending the previous day’s one percent rally, following a surge on Wall Street after the US treasury secretary said a plan to overhaul US taxes would be presented soon.
The Hang Seng Index opened up 0.36 percent, or 86.06 points, to 24,143.04.
Meantime, Tokyo shares opened higher Friday, buoyed by fresh hopes for US tax cuts and comments from Japan’s top central banker that monetary easing would be in place for some time.
The benchmark Nikkei 225 rose 0.83 percent, or 153.89 points, to 18,584.38 in early trading, while the Topix index of all first-section issues rose 0.84 percent, or 12.38 points, to 1,485.19.
But the benchmark Shanghai Composite Index edged down 0.06 percent, or 1.81 points, to 3,170.29, while the Shenzhen Composite Index, which tracks stocks on China’s second exchange, was marginally lower, dipping 0.36 points to 1,928.42.