Hong Kong stocks rose 716.03 points, or 5.64 percent to 13,418.10 in the first 20 minutes of Thursday's morning session, tracking gains in regional markets' early trade after a half-point interest rate cut by the U.S. Federal Reserve overnight.
Hong Kong's benchmark Hang Seng Index opened at 13,280.44 on Thursday, up 578.37 points, or 4.55 percent.
South Korean benchmark Korea Composite Stock Price Index (KOSPI) stocks opened more than 7 percent higher Thursday while Tokyo stocks opened higher with the key Nikkei index up 2.42 percent.
Wall Street tradings mixed Wednesday after the Fed cut a key interest rate by half a percentage point to 1.0 percent to prevent the economy from slipping into deep recession.
Source: Xinhua
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