Hong Kong Stocks End Up 1.20%

Hong Kong stocks rose 1.20 percent Monday as news that Greece had proposed new reforms fanned hopes it can end a five-month standoff with creditors and unlock bailout cash to avert a default.

The benchmark Hang Seng Index added 320.32 points to close at 27,080.85 on turnover of HK$ 90.57 billion (US$ 11.69 billion).

Mainland Chinese markets were closed for a public holiday.

Source : AFP

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Hong Kong Stocks End 1.20% Lower

Hong Kong stocks sank 1.20 percent on Tuesday, tracing a Shanghai sell-off and following another batch of data highlighting ongoing weakness in the Chinese economy.

The benchmark Hang Seng Index slipped 326.76 points to close at 26,989.52 on turnover of HK$ 166.90 billion (US$ 21.54 billion).

In mainland China the benchmark Shanghai Composite Index slipped 0.36 percent, or 18.35 points, to 5,113.53 on turnover of 1.2 trillion yuan ($ 196 billion).

The Shenzhen Composite Index, which tracks stocks on China’s second exchange, edged down 0.15 percent, or 4.49 points, to 2,994.85 on turnover of 782.7 billion yuan.

Source: AFP

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