Hong Kong shares closed at a near four-week high on Wednesday, led by tech and property stocks, as a strong yuan and U.S. Federal Reserve's dovish monetary policy stance soothed inflation concerns.
HSI +0.0%, HSCE -0.5%, CSI300 -0.3% FTSE China A50 +0.0%
May 28 (Reuters) - Hong Kong stocks ended flat on Friday, as gains in resources firms were offset by losses in tech and healthcare companies, but posted their best week in more than three months as inflation fears fade. The Hang Seng index was unchanged at 29,124.41, while the China Enterprises Index lost 0.5% to 10,793.55 points. The Hang Seng tech index and the Hang Seng healthcare index declined 2.1% and 3.1%, respectively. The top gainer on the Hang Seng was CK Asset Holdings Ltd , which gained 6.02%, while the biggest loser was Haidilao International Holding Ltd, which fell 6.89%.
HSI +1.8%, HSCE +1.4%, CSI300 +3.2% FTSE China A50 +4.2%
May 25 (Reuters) - Hong Kong stocks rose on Tuesday, posting their best session in nearly two months, as fears around inflation faded, while solid gains on the mainland also boosted risk appetite. At the close of trade, the Hang Seng index was up 1.75% at 28,910.86, marking its biggest daily percentage gain since April 1. The Hang Seng China Enterprises index rose 1.42% to 10,792.63. The sub-index of the Hang Seng tracking energy shares rose 1.2%, while the IT sector rose 1.97%, the financial sector ended 1.42% higher and the property sector rose 0.6%. The top gainer on the Hang Seng was WuXi Biologics (Cayman) Inc, which gained 5.92%, while the biggest loser was Sino Biopharmaceutical Ltd, which fell 2.87%.