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Hong Kong stocks finish at 1.2% higher
Source: Xinhua |
September 30, 2010, Thursday
|
Print Edition
Print Edition
HONG Kong stocks closed up 268. 72 points, or 1.22 percent, at 22,378.67 yesterday.
The Hang Seng Index traded between 22,439.19 and 22,300.09 during the session. Turnover totaled HK$85.35 (US$11 billion) compared with Tuesday's HK$78.93 billion.
All of the four sub-indices rose, with commerce and industry as the biggest gainer, up 1.45 percent, followed by the finance, up 1.19 percent, the properties, up 0.84 percent, and utilities, up 0.47 percent.
The Hang Seng China Enterprises Index, which tracks mainland-based firms listed on the Hong Kong Stock Exchange, rose 2.04 percent to 12,429.28.
Banking giant HSBC edged up 0.12 percent to HK$80.45. Its local unit, Hang Seng Bank, gained 0.7 percent to HK$115.80.
China Mobile gained 0.57 percent to HK$79.80. HK Exchange, the market operator, rose 1.48 percent to HK$151.30.
Property developers surged. Henderson Land went up 1.67 percent to HK$54.65, Cheung Kong up 0.44 percent to HK$114.70.
Sun Hung Kai Properties gained 0.93 percent to HK$130.10. The developer won the bid for a government site in Fanling in New Territories yesterday at HK$459 million - 40 percent above the opening bid.
Mainland lenders rose. Agricultural Bank of China surged 3.12 percent to HK$3.97, Bank of Communications rose 1.08 percent to HK$8.43 and China Construction Bank added 2.09 percent to HK$6.83.
The Hang Seng Index traded between 22,439.19 and 22,300.09 during the session. Turnover totaled HK$85.35 (US$11 billion) compared with Tuesday's HK$78.93 billion.
All of the four sub-indices rose, with commerce and industry as the biggest gainer, up 1.45 percent, followed by the finance, up 1.19 percent, the properties, up 0.84 percent, and utilities, up 0.47 percent.
The Hang Seng China Enterprises Index, which tracks mainland-based firms listed on the Hong Kong Stock Exchange, rose 2.04 percent to 12,429.28.
Banking giant HSBC edged up 0.12 percent to HK$80.45. Its local unit, Hang Seng Bank, gained 0.7 percent to HK$115.80.
China Mobile gained 0.57 percent to HK$79.80. HK Exchange, the market operator, rose 1.48 percent to HK$151.30.
Property developers surged. Henderson Land went up 1.67 percent to HK$54.65, Cheung Kong up 0.44 percent to HK$114.70.
Sun Hung Kai Properties gained 0.93 percent to HK$130.10. The developer won the bid for a government site in Fanling in New Territories yesterday at HK$459 million - 40 percent above the opening bid.
Mainland lenders rose. Agricultural Bank of China surged 3.12 percent to HK$3.97, Bank of Communications rose 1.08 percent to HK$8.43 and China Construction Bank added 2.09 percent to HK$6.83.
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