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HK stocks end 0.35% higher


08:26, December 28, 2012

HONG KONG, Dec. 27 (Xinhua) -- Hong Kong stocks rose 0.35 percent on Thursday. The benchmark Hang Seng index closed up 78.60 points to end at 22,619.78 points, after trading between 22,608.60 and 22,718.83. Turnover totaled 41.60 billion HK dollars (about 5. 37 billion U.S. dollars).

The Hang Seng China Enterprises Index rose 77.56 points, or 0. 69 percent, to close at 11,348.50.

Four sub-indices all gained ground, with the Finance sub-indice rising the most by 0.48 percent, followed by the Utility 0.42 percent, the Commerce and Industry 0.23 percent and the Properties 0.15 percent.

Banking giant HSBC, which accounts for the largest weighting of the Hang Seng Index, rose 0.4 percent to 81.95 HK dollars, while its local unit Hang Seng Bank ended flat at 118.60 HK dollars. Bank of East Asia, another Hong Kong's major bank, closed 0.7 percent higher to 29.55 HK dollars. Local bourse operator HKEX added 0.8 percent to 131.80 HK dollars.

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