Hong Kong shares end higher on energy, tech supports
06/01/2021 08:37
* HSI +0.2%, HSCE +1.2%
* Tech and energy shares lead gains
* China to take necessary measures to safeguard rights of
app
firms banned by U.S.
*
SHANGHAI, Jan 6 (Reuters) - Hong Kong shares extended gains
on Wednesday after rising for six consecutive sessions, led by
energy and tech shares, as investors expected the government to
sustain supportive policies to counter persisting impact from
COVID0-19.
** At the close of trade, the Hang Seng index .HSI was up
42.44 points, or 0.15%, at 27,692.30, its highest since last
February. The Hang Seng China Enterprises index .HSCE rose
1.17% to 10,899.83, the highest since March 21, 2018.
** Leading the gains, the IT sector .HSCIIT rose 2.24% while
the sub-index of the Hang Seng tracking energy shares .HSCIE
surged 3.2%.
** The financial sector .HSNF ended 0.45% lower and the
property sector dipped 0.71%.
** Semiconductor Manufacturing International Corp 0981.HK and
JD.Com Inc 9618.HK led gains among H-shares by rising 12.94%
and 7.73%, respectively. The top gainer on the Hang Seng was
Meituan 3690.HK , which gained 4.52%.
** China said on Wednesday it would take necessary measures to
safeguard the legitimate rights of companies, after U.S.
President Donald Trump signed an order banning U.S. transactions
with eight Chinese apps. urn:newsml:reuters.com:*:nB9N2J8075
** China's services sector activity expanded at a slower pace in
December, a private sector survey showed on Wednesday, as
sporadic coronavirus outbreaks tempered the recovery in consumer
confidence and weighed on new business growth. urn:newsml:reuters.com:*:nZRN000KUB
** China said it supports Hong Kong authorities in the
fulfilment of their duties after Hong Kong police arrested 53
people in a swoop on pro-democracy activists. B9N2J807B
** China's main Shanghai Composite index .SSEC closed up 0.63%
at 3,550.88 points, while the blue-chip CSI300 index .CSI300
ended up 0.92%.
** Around the region, MSCI's Asia ex-Japan stock index
.MIAPJ0000PUS was firmer by 1.41%, while Japan's Nikkei index
.N225 closed down 0.38%.
** The yuan CNY=CFXS was quoted at 6.456 per U.S. dollar at
08:11 GMT, 0.02% weaker than the previous close of 6.455.
(Reporting by the Shanghai Newsroom; Editing by Shailesh Kuber)
((zoey.zhang@thomsonreuters.com))