Hong Kong stocks extend gains

Reuters Updated - January 24, 2018 at 01:38 PM.

Hong Kong shares rose for a second day on Thursday, helped by a rebound in US markets and expectations of further monetary easing in Europe.

Tumbles on mainland markets had some impact on Hong Kong-listings of China stocks, but the Hang Seng China Enterprises index, which fell 1.8 per cent on Wednesday, still rose.

The Hang Seng index climbed 0.7 per cent to 23,835.53 points, while the China Enterprises Index gained 0.3 per cent to 12,023.75 points.

Among the most actively traded stocks on Hong Kong’ s main board were Unity Investment Holdings Ltd, down 15.4 per cent at HK$0.04, Bank Of China, down 0.5 per cent at HK$4.43 and Heng Fai Enterprises Ltd, down 40.0 per cent at HK$0.17.

Chinese investment flowing from Shanghai into Hong Kong through the mutual market access pilot programme took up 0.64 billion yuan ($102.98 million) of the 10.5 billion yuan daily quota.

Total trading volume of companies included in the HSI index was 2.0 billion shares. ($1 = 6.2150 Chinese yuan renminbi)

Published on January 8, 2015 09:27