Hong Kong stocks edge up as Tencent rebounds

Hang Lung Properties

04/12/2017 08:08

Dec 4 (Reuters) - Hong Kong shares rose slightly on Monday, 
led by index heavyweight Tencent  0700.HK . 
      
** At close of trade, the Hang Seng index was up 64.04 points or 
0.22 percent at 29,138.28. The Hang Seng China Enterprises index 
 .HSCE  rose 0.6 percent to 11,518.07. 
  
**The sub-index of the Hang Seng tracking energy shares  .HSCIE  
rose 1.2 percent while the IT sector  .HSCIIT  rose 0.83 
percent, the financial sector  .HSNF  was 0.21 percent higher 
and property sector dipped 0.52 percent. 
  
** The top gainer on Hang Seng was WH Group Ltd  0288.HK  up 
3.58 percent, while the biggest loser was Hang Lung Properties 
Ltd  0101.HK  which was down 2.35 percent. 
  
** China's main Shanghai Composite index  .SSEC  closed down 
0.22 percent at 3,310.3694 points while its blue-chip CSI300 
index  .CSI300  ended up 0.53 percent. .SS  
  
 ** Around the region, MSCI's Asia ex-Japan stock index 
 .MIAPJ0000PUS  was firmer by 0.36 percent while Japan's Nikkei 
index  .N225  closed down 0.49 percent . 
  
 ** The yuan  CNY=CFXS  was quoted at 6.6192 per U.S. dollar at 
08:14 GMT, 0.02 percent firmer than the previous close of 
6.6206.  
  
** So far this year, the Hang Seng index is up 32.15 percent, 
while China's H-share index is up 21.9 percent. The Hang Seng 
has declined 0.35 percent this month.  
  
** The top gainers among H-shares were New China Life Insurance 
Co Ltd  1336.HK  up 4.02 percent, followed by China Pacific 
Insurance Group Co Ltd  2601.HK  gaining 3.38 percent and  Air 
China Ltd  0753.HK  up by 3.22 percent. 
  
** The three biggest H-shares percentage decliners were 
Sinopharm Group Co  1099.HK  which was down 1.44 percent, CGN 
Power Co Ltd  1816.HK  which fell 0.9 percent and China Railway 
Construction Corp Ltd  1186.HK  down by 0.9 percent. 
  
** About 1.67 billion Hang Seng index shares were traded, 
roughly 85.4 percent of the market's 30-day moving average of 
1.96 billion shares a day. The volume traded in the previous 
trading session was 2.15 billion. 
  
** At close, China's A-shares were trading at a 
premium of 30.63 percent over the Hong Kong-listed H-shares. 
 
 (Reporting by the Shanghai Newsroom; Editing by Kim Coghill) 
 ((samuel.shen@tr.com)) 
 
Keywords: CHINA STOCKS/HONGKONG CLOSE