Hang Seng Index up 0.59% on Thu

Hong Kong stocks rose on Friday, with the benchmark Hang Seng Index slightly increasing 70.87 points or 0.59% to close at 12,001.53.

Mainboard turnover rose to HK$28.532 billion. 

The Hang Seng China Enterprise Index, which tracks the overall performance of 43 Chinese mainland state-owned enterprises on the Hong Kong Stock Exchange, edged down 45.26 points or 0.65% to 6,962.48 points.

Market heavyweight HSBC Holdings Plc<5><HBC>, which accounts for the largest weighting for the Hang Seng Index, climbed 1.66% to HK$36.20.

Property stocks ended mixed on Thursday. SOHO China Ltd<410> slightly rose 1.11% to HK$2.73. Sun Hung Kai Properties<16> fell 0.50% to HK$58.90. Cheung Kong (Holdings) Ltd<1> swelled 1.26% to HK$59.85.  

Hutchison Whampoa Ltd<13> tumbled 0.40% to HK$36.85. Hopson Development Holdings Ltd<754> rose 0.62% to HK$3.22.

Chinese auto stocks led the downward trend today. Denway Motors Ltd<203> plunged 5.92% to HK$2.54. Great Wall Motor Co Ltd< 2333> fell 6.15% to HK$2.44.

Sinotruk (Hong Kong) Ltd<3808><000951> ended flat at HK$5.00. BYD Company Ltd<1211> fell 1.88% to HK$14.54. China Motor Bus Company Ltd<26> slid 0.52% to HK$38.20.

Airline stocks were the gainers in today's trading session. Air China Ltd<601111><753> fell 2.29% to HK$2.13. China Eastern Airlines Co Ltd<600115><670><CEA> went down 0.97% to HK$1.02. China Southern Airlines Ltd<600029><1055><ZNH> edged down 2.43% to HK$1.20.

Xinjiang Xinxin Mining Industry Co., Ltd<3833> fell 6.46% to HK$1.88, dragged by the continuous falling prices of nonferrous metals.

Jiangxi Copper Company Ltd<600362><358> dropped 1.15% to HK$6.00.

Top insurer China Life Insurance<601628><2628><LFC> gained 1.82% to HK$22.60, while smaller rival Ping An Insurance<601318><2318> surged 2.51% to HK$40.75.

PICC Property & Casualty Co Ltd<2328> climbed 0.51% to HK$3.93 and China Insurance International Holdings Co<966> fell 0.32% to HK$9.13.

Copyright and Exemption Declaration :¢ÙAll articles, pictures and videos that are marked with "China Aluminum Network" on this website are copyright and belong to China Aluminium Network (www.alu.com.cn). When transshipment, any media, website or individual must list the source from "China Aluminium Network (www.alu.com.cn)". We seek legal actions against anyone that disobey this. ¢ÚArticles that marked as copy from others are for transferring more information to readers, do not represent or endorse their opinions or accuracy and reliability. When other media, website or individuals copy from our website, must keep the source. Anyone that changes the articles' sources will hold the responsibilities for copyright and law problems. We also seek legal actions against anyone that disobey this. ¢ÛIf any articles copied by our website concern the copyright and other problems, please contact us within one week.