Hong Kong stocks up at break on Fed comments

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  HONG KONG, April 28, (APP/AFP): Hong Kong stocks ended the morning higher Thursday after the Federal Reserve gave an optimistic outlook for the global economy but gains were tempered by Japan’s decision to hold off any fresh stimulus measures.

The Hang Seng Index in Hong Kong added 0.50 percent, or 105.76 points, to 21,467.36. However, the benchmark Shanghai Composite Index fell 0.68 percent, or 20.03 points, to 2,933.64, while the Shenzhen Composite Index, which tracks stocks on China’s second exchange, lost 1.04 percent, or 19.57, to 1,856.94.