Hong Kong Stocks End Higher as Investors Return to Riskier Bets; HSBC Embarks on $3 Billion Redemption Plan
() -- Hong Kong stocks closed higher Friday as the eagerly awaited U.S. labor data dashed hopes of an imminent rate hike from the Federal Reserve, prompting investors to return to riskier bets. The Hang Seng Index rose by around 295 points, or roughly 1.3%, to end at 23,350.03, while the Hang Seng China Enterprises Ind