You are here

Hong Kong: Shares end up, aided by China rally

Wednesday, December 2, 2015 - 16:18
HKBloomberg0606.jpg

[HONG KONG] Hong Kong stocks rose on Wednesday, bolstered by financial and property shares as well as a sharp rebound in blue-chips in mainland China.

But gains were capped by downbeat US manufacturing data which raised questions about the US economy and the pace of expected interest rate rises by the Federal Reserve.

The Hang Seng index ended up 0.4 per cent at 22,479.69 points, while the China Enterprises Index gained 1.0 per cent to 10,050.36.

Property and financial shares strengthened but energy and technology stocks sagged.

Shares of VTech Holdings Ltd lost nearly 2 per cent after the digital toymaker said a cyber attack on the company exposed the data of 6.4 million children, in what experts called the largest known hack targeting youngsters.

REUTERS