HK stocks closed slightly higher on Tuesday in volatile trade with the benchmark index recovering morning session losses after China reported a third quarter GDP growth of 7.3% that was slightly higher than consensus forecast.
The Hang Seng Index ended up 18 points to 23,088. The H-share index dropped 19 points to 10,275. Turnover fell to the lowest in three months at HK$52.5bn from HK$53bn on Monday.
Market heavyweights were mixed. China Mobile (00941) dipped 1.78% to HK$91.2 after it reported decline in third quarter earnings, while HSBC (00005) nudged up 0.26% to HK$77.75.
Sino Land (00083) shot up 2.25% to HK$12.7, making it the largest blue-chip gainer. Tingyi (00322) slid 2.41% to HK$19.4, making it the top blue-chip loser.
Chun Wo (00711) surged 15.84% to HK$1.17 on China New Way Investment's proposed cash offer for the company.
Gome (00493) gained 1.61% to HK$1.26 after it expects 9-month profit to rise over 70%.
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