Hong Kong: Up in late buying spree

Business Times

SHARES ended 0.10 per cent higher yesterday, thanks to a late buying spree, bucking a broad regional sell-off despite a negative lead from Wall Street.

The benchmark Hang Seng Index added 23.69 points to 23,221.52 on turnover of HK$48.28 billion.

The index spent most of the day in negative territory following New York’s losses.

HSBC slipped 0.82 per cent to HK79.05, Internet firm Tencent edged down 0.08 per cent to HK$118.3, ICBC bank was unchanged at HK$4.9 and China Mobile gained 0.33 per cent to HK$75.60. AFP

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