HK stocks bounce back despite Wall Street woe

Hong Kong stocks opened higher on Friday despite Wall Street suffering a battering over recession fears.

The Hang Seng rose 1.74 percent to 20,471.

The Shanghai Composite Index increased 0.33 percent to 3,107, while the mainland’s second exchange, the Shenzhen Composite Index, rose 0.52 percent to 1,963. (AFP)