Hong Kong stocks track Asia higher

China Resources Beer Holdings

22/04/2021 10:00

* HK->Shanghai Connect daily quota used -2.2%, Shanghai->HK
daily
quota used 8.4%
    * HSI +0.5%, HSCE +0.5%, CSI300 -0.2%
    * FTSE China A50 -0.6%

    April 22 (Reuters) - Hong Kong shares closed higher on
Thursday, in line with other Asian markets, as investors cheered
economic recovery in the United States and other developed
markets. 
    ** At the close of trade, the Hang Seng index  .HSI  was up
133.42 points, or 0.47%, at 28,755.34. The Hang Seng China
Enterprises index  .HSCE  rose 0.46% to 10,939.12.
    ** The sub-index of the Hang Seng tracking energy shares
 .HSCIE  dipped 0.1%, the financial sector  .HSNF  ended down
0.37%, while the IT sector  .HSCIIT  rose 1.63%, and property
sector was up 0.07%.
    ** The top gainer on the Hang Seng was Meituan  3690.HK ,
which gained 3.47%, while the biggest loser was Geely Automobile
Holdings Ltd  0175.HK , which fell 1.78%. 
    ** The push-pull of that trading dynamic comes as
vaccination rates in Britain and other countries continue to
improve and pandemic-weary citizens embrace more freedoms to
drive economic growth, something reflected in some recent
corporate earnings.  urn:newsml:reuters.com:*:nL8N2MF25W   
    ** However, worries over Sino-U.S. tensions hurt sentiment. 
    ** A bipartisan U.S. congressional push to counteract China
picked up steam on Wednesday as a Senate committee
overwhelmingly backed a bill pressing Beijing on human rights
and economic competition and other lawmakers introduced a
measure seeking billions for technology research.  urn:newsml:reuters.com:*:nL1N2ME1FQ  
 
    ** China's main Shanghai Composite index  .SSEC  closed down
0.23% at 3,465.11 points, while the blue-chip CSI300 index
 .CSI300  ended down 0.19%.
    ** Around the region, MSCI's Asia ex-Japan stock index
 .MIAPJ0000PUS  was firmer by 0.36%, while Japan's Nikkei index
 .N225  closed up 2.38%.
    ** The yuan  CNY=CFXS  was quoted at 6.4886 per U.S. dollar
at 08:39 GMT, 0.03% firmer than the previous close of 6.4903. 
    ** At close, China's A-shares were trading at a premium of
34.05% over Hong Kong-listed H-shares.

 (Reporting by the Shanghai Newsroom; Editing by Shailesh Kuber)
 ((luoyan.liu@thomsonreuters.com; Reuters Messaging:
luoyan.liu.thomsonreuters.com@reuters.net))