HONG KONG, Aug 9 — Hong Kong stocks closed with gains today following a strong US jobs report though the data stoked concerns that the Federal Reserve will have to tighten monetary policy sooner rather than later to prevent
the economy from overheating.The Shanghai Composite Index jumped 1.05 per cent, or 36.41 points, to 3,494.63, while the Shenzhen Composite Index on China’s second exchange rose 0.81 per cent, or 19.78 points, to 2,462.84. — AFP
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