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Hong Kong: Stocks end 0.45% higher

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[HONG KONG] Hong Kong stocks closed 0.45 per cent higher despite a regional sell-off as market heavyweight Cheung Kong Holdings surged on last week's unveiling of a multi-million-dollar restructuring plan.

The benchmark Hang Seng Index added 106.51 points to 24,026.46 on turnover of HK$89.94 billion (US$11.61 billion).

In mainland China the benchmark Shanghai Composite Index fell 1.71 per cent, or 56.09 points, to 3,229.32 on turnover of 366.3 billion yuan (US$59.8 billion).

The Shenzhen Composite Index, which tracks stocks on China's second exchange, lost 0.71 per cent, or 10.28 points, to 1,432.56 on turnover of 191.2 billion yuan.

AFP

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