HK stocks closed sharply higher on Wednesday following the rally of US markets, with the benchmark index extending early gains and rising over 370 points at one stage.
The Hang Seng Index ended up 315 points to 23,403, recovering the 10-day, 20-day and bull-bear line. The H-share index also added 150 points to 10,426. Turnover increased to HK$61.5bn from HK$52.5bn on Tuesday.
Market heavyweights were mixed. China Mobile (00941) edged down 0.22% to HK$91, while HSBC (00005) rose 0.84% to HK$78.4.
Macau gaming stocks were firmer. Sands China (01928) and Wynn Macau (01128) gained 0.89% and 1.85% to HK$45.2 and HK$27.6. MGM China (02282) and SJM (00880) put on 1.97% and 1.4% to HK$23.25 and HK$15.98. Galaxy Ent (00027) also rose 1.53% to HK$49.8.
Tencent (00700) shot up 3.38% to HK$119.3, making itself the top blue-chip gainer. Tingyi (00322) slid 1.65% to HK$19.08, making it the largest blue-chip loser.
Huaneng (00902) gained 2.08% to HK$8.83 as its 9-month earnings rose 9%.
Pacific Basin (02343) surged 11.61% to HK$3.94 after Barclays upgraded its rating to "overweight".
22/10/2014 16:06
HSI ends up 315 pts at 23,403; turnover at HK$61.5bn
- 經濟通
- 強化版MQ
- 強化版TQ
- 財曆
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