Hong Kong: Stocks close up as real estate firms rebound

[HONG KONG] Stocks in Hong Kong ended higher on Wednesday ahead of the release of US President Donald Trump's tax reform plan while property firms enjoyed a recovery after recent heavy selling.

The Hang Seng Index rose 0.47 per cent, or 129.42 points, to 27,642.43.

The benchmark Shanghai Composite Index edged up 0.05 per cent, or 1.69 points, to 3,345.27 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, rose 0.78 per cent, or 15.25 points, to 1,979.28.

AFP