Hong Kong stocks close higher

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Pedestrians walk past a stock market display board showing the losses at Hang Seng Index results in Hong Kong.
Pedestrians walk past a stock market display board showing the losses at Hang Seng Index results in Hong Kong.
Photo by Budrul Chukrut

Hong Kong stocks ended Friday on a positive note after Joe Biden unveiled a $1.9 trillion economic recovery plan, while traders remain upbeat about the long-term recovery outlook.

The Hang Seng Index added 0.27%, or 77.00 points, to 28 573.86.

The benchmark Shanghai Composite Index was barely moved, inching up 0.47 points, to 3 566.38, while the Shenzhen Composite Index on China's second exchange edged up 0.27%, or 6.46 points, higher to 2 366.86.

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