Hong Kong shares close slightly higher

The Hong Kong skyline at night.

The Hong Kong skyline at night.

Published Jun 2, 2016

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Hong Kong - Hong Kong shares rose slightly on Thursday, as investors continued to worry about China's economic health and the impact of a looming US interest rate hike.

The Hang Seng Index rose 0.5 percent, to 20,859.22, while the China Enterprises Index gained 0.6 percent, to 8,756.38 points.

Read: Asian stocks ease on global growth woes

Most sectors rose, but IT shares fell more than 1 percent.

Shares of Tsui Wah Holdings fell as much as 6 percent at one point, touching three-month lows, after the restaurant chain operator warned of a drop in annual profit. The stock recouped losses and ended the session flat.

Shares of Chinese personal computer maker Lenovo Group fell to 4-1/2-year lows in heavy trading, after Google’s up to $221 million share sell-off.

REUTERS

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