HK stocks end higher ahead of China markets reopen

Reuters2021-02-17

Feb 17 (Reuters) - Hong Kong stocks ended higher on Wednesday, marking the seventh straight session of gains and extending a bull run ahead of the reopening of mainland markets after the Lunar New Year break, with sentiment lifted by optimism over global economic recovery.

The Hang Seng index rose 1.10% to 31,084.94, the highest close since June 2018, while the China Enterprises Index increased 1.60% to 12,228.63.

The Hang Seng Tech Index surged 2.34% and the Hang Seng sub-index tracking information technology firms climbed 1.88%.

Brokers said an improving pandemic situation and expectations the bull run will continue when China markets reopen helped lift investor sentiment.

China's mainland markets are scheduled to reopen on Feb. 18.

MSCI's broadest index of Asia-Pacific shares outside Japan ticked up 0.59%, while Japan's Nikkei slipped 0.58%.

The Hong Kong's Hang Seng Finance Index surged 1.37%, while Hang Seng sub-index tracking property firms slid 0.41%.

The top gainer in the Hang Seng Index was AAC Technologies, which was up 7.11%, while the biggest percentage loser was Mengniu Dairy, which dropped 2.42%.

The biggest gainer in Hang Seng Tech Index was Tongcheng-Elong Holdings, which soared 15.02%, while the top percentage loser was Hua Hong Semiconductor, down 6.52%.

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精彩评论

  • Youji
    2021-02-18
    Youji
    Hskeisjsjznz 
  • Haymaker
    2021-02-18
    Haymaker
    wow what an amazing read, so insightful. love it
  • jkleiderc
    2021-02-17
    jkleiderc
    HUAT
  • JoeKoh
    2021-02-17
    JoeKoh
    Good news 
  • Ychia1761
    2021-02-17
    Ychia1761
    Always see China Market keep growth...
  • pigley
    2021-02-17
    pigley
    [得意] 
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