You are here

Hong Kong: Stocks end 0.53% higher


[HONG KONG] Hong Kong's stock market rose 0.53 per cent Wednesday, boosted by a rally in Hutchison Whampoa after it said it would buy British telecom giant O2 for US$15.2 billion, but Shanghai sank after a 10-day winning streak.

The benchmark Hang Seng Index added 128.63 points to 24,528.23 on turnover of HK$83.59 billion (US$10.79 billion).

In mainland China, the benchmark Shanghai Composite Index fell 0.83 per cent, or 30.68 points, to 3,660.73 on turnover of 645.5 billion yuan (US$105.1 billion).

The Shenzhen Composite Index, which tracks stocks on China's second exchange, rose 1.08 per cent, or 20.84 points, to 1,943.69 on turnover of 591.7 billion yuan.


BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to