Hong Kong shares at over 6-year high

Comment on this story
HongKong111

Shanghai - Hong Kong shares ended at more than six-year highs on Tuesday, in a catch-up to strong global markets and buoyed by strength in property companies.

The Hang Seng Index rose 0.7 percent to 25,122.95 points, while the China Enterprises Index of the leading offshore Chinese listings in Hong Kong edged up 0.3 percent.

“Recently looking at the US and Europe markets, we have been lagging behind other markets for some time because of the weakness of the Asian market,” said Alex Wong, a director at Ample Finance Group.

The property and construction sector performed strongly on Tuesday, with China Resources Land jumping 7.6 percent, and Wheelock and Co rising 4.1 percent. - Reuters



sign up
 
 

Comment Guidelines



  1. Please read our comment guidelines.
  2. Login and register, if you haven’ t already.
  3. Write your comment in the block below and click (Post As)
  4. Has a comment offended you? Hover your mouse over the comment and wait until a small triangle appears on the right-hand side. Click triangle () and select "Flag as inappropriate". Our moderators will take action if need be.