HK stocks opened higher on Friday ahead of Fed Chiar Janet Yellen's scheduled speech tonight, Market participants generally expected that Fed will not raise interest rate in June.
The Hang Seng Index opened up 199 points to 27,725. The H-share index rose 125 points to 14,257.
Market heavyweights were firmer. HSBC (00005) edged up 0.3% to HK$74.5. China Mobile (00941) gained 1% to HK$104.4. Tencent (00700) put on 1.3% to HK$158.9. HKEx (00388) inched up 0.5% to HK$290.
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