Latest News:  
Beijing   Sunny    1 / -8   City Forecast

People's Daily Online>>China Business

Hong Kong shares close 1.43% higher, tracking regional gains (2)

(Xinhua)

19:30, December 16, 2011

Banking giant HSBC, which accounts for the largest weighting of the Hang Seng Index, went up 1.64 percent to 58.85 HK dollars. HSBC unit and one of Hong Kong's local bank Hang Seng Bank rose 1. 42 percent to 92.9 HK dollars.

Shares of another Hong Kong's major bank, Bank of East Asia, advanced 2.26 percent to 27.1 HK dollars. Local bourse operator Hong Kong Exchanges & Clearing rose 1.88 percent to 124.9 HK dollars.

Mainland's financial heavyweights also ended up lower in the day. Shares of the ICBC, the world's largest bank by market value, gained 1.75 percent to 4.65 HK dollars. China Construction Bank went up 0.93 percent to 5.45 HK dollars.

Bank of China soared 3.62 percent to 2.86 HK dollars. BOC Hong Kong, an unit of Bank of China, gained 3.26 percent to end at 18. 38 HK dollars. Bank of Communications, China's fifth biggest lender measured by assets, advanced 5.87 percent to end at 5.41 HK dollars.

Shares of China Mobile, the world's largest mobile operator by subscribers which accounts for the second largest weighting of the Hang Seng Index, edged up 0.34 percent to 73.6 HK dollars.

Hutchison Whampoa, the world's biggest container terminal operator, rose 1.64 percent to close at 65 HK dollars per share. Shares of China's biggest Internet company Tencent Holdings gained 1.66 percent to 152.7 HK dollars.

Two major insurers also gained in the day. Ping An Insurance, China's second largest insurer, gained 2.35 percent to end at 54.5 HK dollars. China Life, one of the world's largest life insurers by market value, added 0.74 percent to 19.18 HK dollars.

On Friday afternoon, Chinese stocks staged a big sudden rally before closing after a week-long slide. The benchmark Shanghai Composite Index increased 2.01 percent, or 43.95 points, to close at 2,224.84. The Shenzhen Component Index gained 2.38 percent, or 210.85 points to finish at 9,081.94. (One U.S. dollar equals 7.78 HK dollars)

【1】 【2】

Email|Print|Comments(Editor:姚春)

Related Reading

Leave your comment0 comments

  1. Name

  

Selections for you


  1. Shanghai World Chocolate Wonderland

  2. Yiqian town in East China

  3. Chinese artists perform in Turkey

  4. Buffalo body painting contest held in Yunnan

Most Popular

Opinions

  1. 2011: Year of government micro-blogs
  2. Chance of RMB devaluation small
  3. Narrow vision limits China's discourse power
  4. Dubai chasing Singapore's strictness with violations
  5. Too early to loosen China's property controls
  6. Do not let disputes taint Sino-Korean ties
  7. The natural way to pick your stocks
  8. China must retain its strengths as it goes global
  9. Canada's short-sighted move should be denounced
  10. Developed world should fulfill emission promise

What's happening in China

Local people prepare dried fish in E China for new year

  1. Buddha statue piece of cultural history
  2. TV actor arrested after 13 years on the run
  3. Beijing requests microbloggers to give real names
  4. Soccer officials to stand trial next Monday
  5. Emissions key culprit for smog

PD Online Data

  1. Yangge in Shaanxi
  2. Gaoqiao in Northern China
  3. The drum dance in Ansai
  4. Shehuo in Baoji City
  5. The dragon dance