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Hong Kong stocks end 0.55% higher

Hong Kong shares climbed 0.55 percent on Thursday, in line with a broad regional rally, as hopes were raised for ongoing Ukraine crisis talks and dealers await the release of US jobs data. The benchmark Hang Seng Index added 123.19 points, to 22,702.97 on turnover of HK$70.51 billion (US$9.10 billion). Russia came under heightened diplomatic pressure as the UN Security Council and European Union leaders began separate talks on Ukraine, but investor confidence has slowly picked up after Monday's heavy sell-off.

Hong Kong, China stocks end lower

Shares in Hong Kong and China fell on Wednesday after Beijing tempered expectations for a strong pick-up in the mainland economy by setting a 7.5 percent growth target this year. The benchmark Hang Seng Index in Hong Kong lost 0.34 percent, or 77.85 points, to close at 22,579.78 on turnover of HK$64.96 billion (US$8.38 billion). Shanghai's composite index fell 0.89 percent, or 18.39 points, to 2,053.08 on turnover of 91.6 billion yuan ($14.9 billion).

Hong Kong stocks end 0.70% higher

Hong Kong shares ended 0.70 percent higher Tuesday on bargain-buying after tumbling in the previous session on fears of a conflict between Russia and Ukraine. The benchmark Hang Seng Index added 156.96 points to close at 22,657.63 on turnover of HK$63.80 billion (US$8.23 billion). Chinese shares closed down 0.18 percent ahead of the opening of the annual session of the national legislature as investors grew worried about the domestic economy. The benchmark Shanghai Composite Index slipped 3.77 points to 2,071.47 on turnover of 101.1 billion yuan ($16.5 billion).

Hong Kong stocks edge up

Hong Kong shares edged up for a third straight session on Friday following a cautiously optimistic view of the US economy from the head of the Federal Reserve. The benchmark Hang Seng Index added 0.04 percent, or 8.78 points, to end at 22,836.96 on turnover of HK$76.97 billion (US$9.93 billion). Janet Yellen told the Senate Banking Committee that Fed policymakers thought a cold snap across much of the country was to blame for a disappointing run of economic data over the past two months, including on jobs, industrial output and consumption.

Hutchison Whampoa net profit up by 20%

Hong Kong billionaire Li Ka-shing's Hutchinson Whampoa conglomerate said Friday its net profit for 2013 was up 20 percent from the previous year, despite challenging global markets. The blue-chip group said net profit was HK$31.11 billion ($4.01 billion) for the year ended December 31, 2013, compared to HK$25.89 billion in 2012. Profits were fuelled by growth in areas including its port, hotel and property divisions, the company said in a statement filed to the Hong Kong stock exchange.

Hong Kong property tycoons bank on middle class to weather tough times

By Yimou Lee HONG KONG (Reuters) - When things get choppy at the top of the property ladder, it pays to have your feet planted on the middle rungs, which makes developers Cheung Kong (Holdings) <0001.HK> and Sun Hung Kai Properties <0016.HK> the best bets to weather the storm brewing in Hong Kong. These powerful property developers are targeting middle-class, first-time buyers who are exempt from the impact of government cooling measures at a time when secondary home transactions are hovering at a 17-year low.

Hong Kong property tycoons bank on middle class to weather tough times

By Yimou Lee HONG KONG (Reuters) - When things get choppy at the top of the property ladder, it pays to have your feet planted on the middle rungs, which makes developers Cheung Kong (Holdings) <0001.HK> and Sun Hung Kai Properties <0016.HK> the best bets to weather the storm brewing in Hong Kong. These powerful property developers are targeting middle-class, first-time buyers who are exempt from the impact of government cooling measures at a time when secondary home transactions are hovering at a 17-year low.

Hong Kong stocks end 1.74% higher

Hong Kong shares jumped 1.74 percent on Thursday, adding to the previous day's advance following a positive lead from Wall Street. The benchmark Hang Seng Index added 390.74 points to end at 22,828.18 on turnover of HK$73.19 billion (US$9.44 billion). Chinese shares ended 0.30 percent higher. The benchmark Shanghai Composite Index rose 6.10 points to 2,047.35 on turnover of 112.9 billion yuan ($18.4 billion).

Hong Kong stocks end 0.54% higher

Hong Kong shares ended 0.54 percent higher on Wednesday as its government predicted strong growth rates for 2014 and as bargain-hunting offset a weak set of US indicators. The benchmark Hang Seng Index added 120.24 points to close at 22,437.44 on turnover of HK$63.80 billion (US$8.23 billion). The market was buoyed by comments from Hong Kong's Financial Secretary John Tsang that the southern Chinese city's economy is expected to grow by as much as four percent this year compared to 2.9 percent in 2013.

Hong Kong stocks up 0.19% by break

Hong Kong shares ended the morning session 0.19 percent higher on Wednesday, despite a weak Wall Street lead as buying picked up after two straight sessions of losses. The benchmark Hang Seng Index rose 41.69 points to 22,358.89 by lunch on turnover of HK$29.87 billion ($3.85 billion). dan/
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