HK stocks end higher on White House reports of Trump's improving health

Hang Lung Properties

05/10/2020 09:41

* * Hang Seng index ends up 1.32%
    * * China Enterprises index HSCE rises 0.54% 
    * * HSI financial sub-index rises 1.8%; property up 0.4%

    HONG KONG, Oct 5 (Reuters) - Hong Kong's benchmark Hang Seng
index closed higher on Monday, tracking strength in overseas
markets fuelled by upbeat White House reports of U.S. President
Donald Trump's health.
    ** The Hang Seng index  .HSI  ended 308.73 points higher, or
1.32%, at 23,767.78, posting its sharpest rise since Aug. 24. 
    ** China's H-shares index  .HSCE  also closed higher, up for
a second straight session, rising 0.54% to 9,447.99.
    ** The sub-index of Hang Seng tracking the financial sector
 .HSNF  ended 1.8% higher, the IT sector  .HSCIIT  rose 1.85%,
the property sector climbed 0.41%, and Hang Seng Tech Index
 .HSTECH  gained 0.06%. The energy index  .HSCIE  fell 1.19%. 
    ** China Life Insurance Co Ltd  2628.HK , which gained
4.73%, was the top gainer on the Hang Seng, while Geely
Automobile Holdings Ltd  0175.HK , down 4.42%, was the top drag
    ** Chinese markets are closed for a national holiday from
Oct. 1 to Oct. 8.
    ** Around the region, MSCI's Asia ex-Japan stock index
 .MIAPJ0000PUS  was weaker by 0.42%, while Japan's Nikkei index
 .N225  closed up 1.23%.
    ** The top gainers among H-shares were ANTA Sports Products
Ltd  2020.HK , up 5.31%, followed by China Life Insurance and
China Gas Holdings Ltd  0384.HK , which rose 2.95%
    ** The three biggest H-shares percentage decliners were
Geely Automobile, followed by Sunny Optical Technology Group Co
Ltd  2382.HK , which fell 2.37%, and China Minsheng Banking Corp
Ltd  1988.HK , down 1.72%.
  

 (Reporting by Donny Kwok; editing by Uttaresh.V)
 ((donny.kwok@thomsonreuters.com; +852 3952 5874; Reuters
Messaging: donny.kwok.reuters.com@reuters.net))