Market Open: Hong Kong stocks higher on expanded QE3

Hong Kong stocks are expected to open higher after the US central bank's overnight decision (Hong Kong time) to extend its bond purchasing plan by US$45 billion a month when an existing programme expires at the end of December. Speculation of the expansion had already pushed the benchmark index to a 16-month high on Wednesday.

via Business feed http://www.scmp.com/business/money/stock-talk/article/1104214/market-open-hong-kong-stocks-higher-expanded-qe3