Hang Seng, Shanghai rally
(02-28 10:03)
Shares in Hong Kong gained 1.10 percent in the first few minutes of trade after Wall Street ended at a more than five-year high. The benchmark Hang Seng Index opened 249.41 points higher at 22,826.42.
In Shanghai, shares were up 0.44 percent in early trading, helped by a rise in US stocks and gains in property developers on hopes for strong 2012 earnings, dealers said. The benchmark Shanghai Composite Index rose 10.06 points to 2,323.28, AFP reports.
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