Hong Kong shares climb as trading resumes post typhoon

Trading resumed in Hong Kong after the city's exchange was forced to cancel trading on Wednesday as Typhoon Hato slammed into the island state.

Typhoon Hato batters Hong Kong

Trading resumed in Hong Kong after the city's exchange was forced to cancel trading on Wednesday as Typhoon Hato slammed into the island state.

At 0526 GMT, the benchmark Hang Seng Index gained 0.55 percent or 152 points to 27,553, with the information technology sector gaining 2.5 percent.

Tencent Holdings added 1.1 percent while Ping An Insurance advanced about 0.7 percent.

China Overseas Land jumped 4 percent. China Life Insurance gained 2 percent ahead of its interim report on Thursday.

Anhui Conch Cement, the nation's biggest maker of the building materials, climbed 1.4 percent.

Among the losers, Galaxy Entertainment fell as much as 2 percent and Sands China was down as much as 1.6 percent.

Asian stocks were on the hook ahead of the Jackson Hole central-bank meeting. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.4 percent.

U.S. President Donald Trump's latest remarks, which included threat to shut down the U.S. government and talk of ending the North American Free Trade Agreement gripped financial markets overnight.

On Wednesday, U.S. stock indexes closed between 0.3 percent and 0.4 percent lower.

Markets are focusing on the annual conference of global central bankers hosted by the Kansas City Federal Reserve Bank at Jackson Hole, Wyoming.

Fed Chair Janet Yellen and European Central Bank President Mario Draghi will be among the officials addressing the summit, which kicks off later today.

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