Hong Kong's key index lifted by Tencent

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HongKong111

Hong Kong - Hong Kong's main index rose to its highest close in nearly a month, lifted by tech heavyweight Tencent, which posted better-than-expected results and announced a share-split.

The Hang Seng Index ended up 0.7 percent at 22,730.86 points, its highest close since April 17.

The China Enterprises Index of the leading offshore Chinese listings in Hong Kong was down 0.2 percent.

Mainland indexes both fell more than 1 percent on Thursday.

Tencent jumped 5.8 percent on its first quarter results and news it would conduct a five-for-one share split to attract small investors.

The energy and telecommunication sectors were drags for H-shares, with China Telecom down 2.7 percent, and Sinopec Corp losing 1.1 percent. - Reuters



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