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Hong Kong Hang Seng Ends at New Peak, Up For Six Weeks in a Row (Review)

Saturday, 20 January 2018 04:34 WIB HONGKONG HANG SENG

Hong Kong’s Hang Seng Index ended at a new high, up for the sixth week in a row, led by property shares, as mainland money gushed into the city. HSCE, an index tracking mainland companies, registered a 16-day winning streak. Chinese investors used up 42 percent of the daily quota under the Shanghai-Hong Kong Stock Connect. At close of trade on Friday, the Hang Seng index was up 132.95 points or 0.41 percent at 32,254.89. For the week, the index rose 2.7 pct. The Hang Seng China Enterprises index rose 0.65 percent to 13,179.52. The sub-index of the Hang Seng tracking energy shares rose percent while the IT sector rose 1.03 percent, the financial sector was 0.16 percent higher and...

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