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Hong Kong shares end 2.33% higher

Agence France-PresseApril 19, 2013 05:30
Hong Kong shares ended 2.33 percent higher on Friday, capping a tough week for global markets after China released data showing growth in the world's number two economy had slowed. The benchmark Hang Seng Index added 501.05 points to end at 22,013.57 on turnover of HK$65.98 billion ($8.51 billion). World markets were hit on Monday when China released figures showing the economy grew 7.7 percent in the January-March quarter, slower than expected and weaker than the 7.9 percent in the previous three months.

Hong Kong stocks close 0.31% higher

April 2, 2013 05:30
Hong Kong stocks rose 0.31 percent Tuesday in the first day's trading after a long holiday weekend, although gains were capped by below-forecast manufacturing data from China and the United States. The benchmark Hang Seng Index added 68.19 points to end at 22,367.82 on turnover of HK$60.16 billion ($7.76 billion). In the United States the Institute for Supply Management said its manufacturing index fell to 51.3 in March from 54.2 in February. While anything above 50 points to expansion, the figure reflected slower growth in most of the sectors surveyed.

Hong Kong stocks close down 0.74%

March 28, 2013 05:31
Hong Kong stocks fell 0.74 percent Thursday amid growing concerns about the eurozone, while on the mainland banks were hit by fresh moves to tighten up regulations and cut risk. The benchmark Hang Seng Index lost 165.19 points to 22,299.63 on turnover of HK$73.57 billion ($9.49 billion). The losses were in line with a regional sell-off ahead of the reopening of banks in Cyprus after almost two weeks, under strict capital controls following the weekend's bailout that included a tax on some savings.

Hong Kong, China shares trim weekly gains after weaker data

March 1, 2013 03:15
* HSI, H-shares both -0.3 pct; CSI300 -0.6 pct * Citic Pacific hit by broker price target reductions * Macau gambling up ahead of February revenue data * Chinese insurers sink after China Life's profit warning By Clement Tan HONG KONG, March 1 (Reuters) - Hong Kong and China shares trimmed this week's gains after official data on Chinese manufacturing activity was slightly below expectation and at its weakest since September.

China basic material shares sink after PMI hits 5-month low

February 28, 2013 23:30
* HSI -0.2 pct, H-shares -0.3 pct, CSI300 flat * China Feb official PMI at 50.1 vs Reuters poll consensus 50.2 * Sun Hung Kai Properties slip after cutting sales forecast * Chinese brokers A-shares lifted by reported plan to reform bond market By Clement Tan

Hong Kong shares may start the week higher

February 3, 2013 21:30
HONG KONG, Feb 4 (Reuters) - Hong Kong shares could start the week higher on Monday, tracking Wall Street gains last Friday after positive U.S. jobs data that solidified expectation of growth. Last Friday, the Hang Seng Index closed flat at 23721.8, ekeing out a 0.6 percent gain this week. The China Enterprises Index of the top Chinese listings in Hong Kong climbed 0.7 percent on the day and 1.8 percent on the week.

Hong Kong shares to hover around 19-1/2 mth high ahead of BOJ

January 21, 2013 21:45
HONG KONG, Jan 22 (Reuters) - Hong Kong shares may hover at a 19-1/2 month high on Tuesday as investors brace for expected policy easing from the Japanese central bank, with turnover likely subdued due to a holiday in the United States. On Monday, the Hang Seng Index closed down 0.1 percent at 23,590.9, after hitting its highest since June 1, 2011 on Friday. The China Enterprises Index of the top Chinese listings in Hong Kong inched up 0.1 percent. Elsewhere in Asia, Japan's Nikkei was up 0.2 percent, while South Korea's KOSPI was up 0.1 percent at 0028 GMT.

Hong Kong shares close down 0.4 pct, China inflation sparks profit taking

January 11, 2013 04:30
HONG KONG, Jan 11 (Reuters) - Hong Kong shares reversed gains on Friday after higher-than-expected China inflation triggered profit taking in recent outperformers, snapping a two-week winning streak in the process. The Hang Seng Index closed down 0.4 percent on the day and 0.3 percent on the week at 23,264.1 Points. The China Enterprises Index of the top Chinese listings in Hong Kong shed 0.7 percent on Friday and 0.8 percent this week.
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