Hang Seng Index hit the day-high at 28,588 and finally finished at 28,433 today, up 372 pts or 1.3%. Hang Seng China Enterprises Index gained 252 pts or 1.7% to 14,741 at close. Market turnover equaled $190.87 billion.
As HSBC HOLDINGS (00005.HK) was said to sell its UK retail banking business, its share price reached the peak at $78.25 (5-month high) and eventually perked up 3.6% to $76.45, with turnover surging to $11.343 billion. STANCHART (02888.HK) soared 2.1%, driving funds to continue to flow in local banking stocks. DAHSING BANKING (02356.HK) and DAH SING (00440.HK) advanced 5.7% and 3.9%. BOC HONG KONG (02388.HK), HANG SENG BANK (00011.HK), BANK OF E ASIA (00023.HK) lifted 1%, 0.7% and 0.6% respectively.
HKEX (00388.HK) held steady and its share price rose 0.9% to $298.6. TENCENT (00700.HK) mounted 0.6% to $162.6. CHINA MOBILE (00941.HK) ticked up 0.9% to $116.1.
Amid rumor of possible merger between the petrochemical giants, SINOPEC CORP (00386.HK) surged 7.2% and PETROCHINA (00857.HK) soared 6.7%. KUNLUN ENERGY (00135.HK) and CNOOC (00883.HK) elevated 4.7% and 2.3% respectively.
AAStocks Financial News
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