Newsclip®: [Business] Hong Kong and Shanghai stocks edge up by close

"HONG KONG: Hong Kong and Shanghai stocks ended higher Friday, as oil prices powered back and the market continued to weigh the impact of a possible US rate hike in June.The Hang Seng Index closed up 0.8 percent, or 157.87 points, to 19,852.20. The benchmark Shanghai Composite Index rose 0.66 percent, or 18.57 points, to 2,825.48, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, gained 1.07 percent, or 19.07 points, to 1,794.95.Copyright AFP (Agence France-P",

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