Hong Kong stocks end 1.39% higher

Hong Kong stocks jumped 1.39 percent Friday following a second successive rally on Wall Street and in line with another pick-up in Shanghai as traders bet on further measures to kickstart the Chinese economy.

The benchmark Hang Seng Index added 372.69 points to close at 27,280.54 on turnover of HK$131.53 billion (US$16.97 billion).

In mainland China the benchmark Shanghai Composite Index added 0.87 percent, or 44.76 points, to 5,166.35 on turnover of 1.1 trillion yuan ($179.8 billion). The market gained 2.85 percent over the week.

The Shenzhen Composite Index, which tracks stocks on China`s second exchange, rose 1.28 percent, or 39.72 points, to 3,140.66 on turnover of 904.8 billion yuan. It advanced 2.91 percent for the week.