The Business Times

Hong Kong: Stocks end 0.83% higher

Published Wed, Jan 7, 2015 · 08:16 AM

[HONG KONG] Bargain-hunters helped Hong Kong stocks rally 0.83 per cent Wednesday after a recent sell-off that has been fuelled by tumbling oil price and concerns about Greece.

The benchmark Hang Seng Index rose 195.85 points to 23,681.26 on turnover of HK$102.61 billion (US$13.24 billion).

In mainland China the benchmark Shanghai Composite Index gained 0.67 per cent, or 22.50 points, to 3,373.95 - the highest finish since August 2009 - on turnover of 436.4 billion yuan (US$71.2 billion).

The Shenzhen Composite Index, which tracks stocks on China's second exchange, slipped 0.26 per cent, or 3.87 points, to 1,457.45 on turnover of 228.9 billion yuan.

AFP

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