Hong Kong stocks extend recovery surge

Hong Kong stocks closed with another massive gain on Thursday, extending the previous day’s nine percent surge, as investors piled back in after Beijing’s pledge to support markets.

The Hang Seng Index jumped 7 percent, or 1,413 points, to 21,501.

The Shanghai Composite Index rose 1.4 percent, or 44 points, to 3,215, while the Shenzhen Composite Index added 2.2 percent, or 46 points, to 2,133. (AFP)