HK stocks close 0.86% higher

19:14, December 02, 2010      

Email | Print | Subscribe | Comments | Forum 

Hong Kong stocks performed strongly on Thursday, with the weighted index going up 198.98 points or 0.86 percent to close at 23,448.78.

The benchmark Hang Seng Index opened 304.95 points higher as the U.S. stock market rallied overnight. HSI traded between 23,388. 74 and 23,575.38 during the day's session.

Turnover rose to 93.03 billion HK dollars from Wednesday's 89. 02 billion HK dollars.

The Hang Seng China Enterprises Index added 137.55 points, or 1. 06 percent, to close at 13,087.40.

All but one sub-indices gained ground. The finance sub-index put on 1.18 percent, the properties went up 0.13 percent, the commerce and industry, 0.80 percent, while the utilities sub-index lost 0.12 percent.

Among blue-chips, Cosco Pacific staged strong performance with its share price jumped 4.86 percent to 12.94 HK dollars, while China Shenhua and China Coal plunged 5.11 percent and 4.44 percent respectively.

Heavyweight HSBC rose 0.76 percent at 80.10 HK dollars, China Mobile gained 0.13 percent to close at 78.20 HK dollars.

Chinese mainland lenders were all gainers. Bank of China increased 1.42 percent at 4.28 HK dollars, China Construction Bank edged up 2.56 percent to 7.21 HK dollars. ICBC ended 0.84 percent higher at 6.04 HK dollars, and Bank of Communications went up 1.34 percent to 8.33 HK dollars.

PetroChina gained 2.36 percent to 9.97 HK dollars, Sinopec went up 1.51 percent at 7.39 HK dollars, and offshore oil producer CNOOC up 3.18 percent to 17.54 HK dollars.

As for local developers, Cheung Kong, a flagship of Hong Kong led by billionaire Li Ka-shing, added 0.17 percent at 116.60 HK dollars. SHK Properties, the leading residential housing developer in Hong Kong, rose 0.46 percent to 130.30 HK dollars. Henderson Land inched up 0.09 percent to 54.65 HK dollars. (7.769 HK dollars =1 U. S. dollar)

Source: Xinhua

(Editor:李牧(实习))

  • Do you have anything to say?

双语词典
dictionary

  
Special Coverage
  • Premier Wen Jiabao visits Hungary, Britain, Germany
  • From drought to floods
Major headlines
Editor's Pick
  • Chinese national flag is raised at the Tian'anmen Square in Beijing, capital of China, Oct. 1, 2011. More than 120,000 people gathered at the Tian'anmen Square to watch the national flag raising ceremony at dawn on Oct. 1, in celebration of the 62th anniversary of the founding of the People's Republic of China. (Xinhua/Luo Xiaoguang)
  • People watch the national flag raising ceremony at the Tian'anmen Square in Beijing, capital of China, Oct. 1, 2011. More than 120,000 people gathered at the Tian'anmen Square to watch the national flag raising ceremony at dawn on Oct. 1, in celebration of the 62th anniversary of the founding of the People's Republic of China. (Xinhua/Luo Xiaoguang)
  • Chinese national flag guards escort the flag across the Chang'an Avenue in Beijing, capital of China, Oct. 1, 2011. More than 120,000 people gathered at the Tian'anmen Square to watch the national flag raising ceremony at dawn on Oct. 1, in celebration of the 62th anniversary of the founding of the People's Republic of China. (Xinhua/Luo Xiaoguang)
  • Chinese national flag guards escort the flag across the Chang'an Avenue in Beijing, capital of China, Oct. 1, 2011. More than 120,000 people gathered at the Tian'anmen Square to watch the national flag raising ceremony at dawn on Oct. 1, in celebration of the 62th anniversary of the founding of the People's Republic of China. (Xinhua/Luo Xiaoguang)
  • Chinese Navy soldiers hold an evening party marking the upcoming 62nd National Day aboard Chinese Navy hospital ship "Peace Ark" in the Pacific on Sept. 28, 2011. The Chinese National Day falls on Oct. 1. (Xinhua/Zha Chunming)
  • Photo taken on Sept. 30, 2011 shows the crowd at the plaza of Beijing Railway Station in Beijing, capital of China. The railway transportation witnessed a travel peak with the approach of the seven-day National Day holidays on Friday. (Xinhua)
Hot Forum Discussion