HK stocks closed firmer on Tuesday morning session on the back of the "Shanghai-HK stock connect" theme.
The Hang Seng Index ended up 64 points to 24,493. The H-share index also jumped 13 points to 11,085. Half-day turnover reduced slightly to HK$43bn from HK$46n on Monday.
Trading was relatively quiet but the disposal of Haitong Sec (06837) and China Sount City (CSC)(01668) stake by their major holders boosted the volume.
Haitong Sec dipped 1.8% to HK$13.46 with HK$2.04bn worth of shares changing hands. CSC fell dived 5% to HK$4.02, with turnover amounting to HK$1.33bn.
HKEx (00388) showed its muscles. It added 2.8% to HK$173.3 after Deutsche Bank raised its target price to HK$2020. Tencent (00700) also hit all-time high of HK$130.9 before closing the morning at HK$129.9, up 0.8%.
Hangzhou city announced partial relaxation of its household purchase restriction. Mainland developers became buying targets again. COLI (00688) soared 3.3% to HK$23.45. China Unicom (00762) gained 2.9% to HK$13.64.
etnet榮獲HKEX Awards 2023 「最佳表現證券數據供應商」大獎► 了解詳情
