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Hong Kong: Stocks end higher after late rally

[HONG KONG] A late surge saw Hong Kong stocks end slightly higher Wednesday, having spent most of the day in negative territory, while Postal Savings Bank of China was slightly up on its debut after a US$7.4 billion IPO.

The Hang Seng Index added 0.20 per cent, or 47.75 points, to 23,619.65.

The benchmark Shanghai Composite Index slipped 0.34 per cent, or 10.31 points, to 2,987.86 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, dipped 0.15 per cent, or 2.96 points, to 1,978.30.


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