Hong Kong stocks end 0.62% up
www.chinaview.cn 2010-01-06 19:20:59   Print

    HONG KONG, Jan. 6 (Xinhua) -- Hong Kong stocks extended the winning streak Wednesday, moving up 137.09 points, or 0.62 percent, to finish at 22,416.67, led by HSBC Holdings.

    The benchmark Hang Seng Index opened up 77.88 points, or 0.35 percent, at 22,357.46. The stocks traded between 22,514.79 and 22,277.13 before closing.

    Turnover rose to 91.33 billion HK dollars (11.79 billion U.S. dollars) from Tuesday's 82.97 billion HK dollars (10.71 billion U.S. dollars).

    China Enterprises Index went up 104.18 points, or 0.79 percent, to close at 13,246.21 points.

    The four major stock categories ended mixed. The commerce and industry sub-index edged 0.88 percent up, followed by the finance sub-index, rising 0.71 percent. The properties lost 0.56 percent, while the utilities ended flat.

    Blue-chips ended higher. Banking giant HSBC Holdings, contributed 41 points alone to the index, gaining 1.27 percent at 91.6 HK dollars. Heavyweight China Mobile, by far the largest mobile carrier in China's mainland, rose 0.62 percent to 73.4 HK dollars. HKEx, the sole exchange operator in Hong Kong, soared 4. 78 percent to 147 HK dollars.

    Local properties closed mixed. Cheung Kong, the flagship of Hong Kong's richest man Li Ka-shing, rose 0.1 percent to 101.5 HK dollars. Henderson Land finished 1.34 percent lower at 59 HK dollars. SHK Properties moved down 1.19 percent to 116 HK dollars.

    As for Mainland-based commercial lenders, Bank of China edged up 0.46 percent to 4.34 HK dollars. CCB fell 0.44 percent to 6.72 HK dollars. ICBC dropped 0.62 percent to 6.45 HK dollars.

    Chinese insurance companies also ended up. China Life rose 2.62percent to 39.1 HK dollars. Ping An climbed up 3.7 percent to 70 HK dollars.

    Energy shares surged. PetroChina rose 2.03 percent to 10.04 HK dollars, off-shore oil producer CNOOC rose 0.62 percent to 13.02 HK dollars. Sinopec Corp edged up 0.59 percent to 6.82 HK dollars.(7.8 HK dollars = 1 U.S. dollar)

Special Report:  Global Financial Crisis

Editor: Li Xianzhi
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