Hong Kong stocks close firmer as Lunar New Year holiday kicks in

New Oriental Education & Technology

28/01/2025 04:57

(Updates closing prices)
       HONG KONG, Jan 28 (Reuters) - Hong Kong's Hang Seng
index  .HSI  ended Tuesday's half-day trading slightly higher,
with tech shares and consumption stocks helping the gain ahead
of the city's Lunar New Year holiday. The market will be closed
for the rest of the week. 
    China market was closed for the public holiday beginning
Tuesday. 
    ** At the close of trade, the Hang Seng index  .HSI  was up
27.34 points or 0.14% at 20,225.11, while the Hang Seng China
Enterprises index  .HSCE  fell 0.01% to 7,382.13.
    ** The top gainer on the Hang Seng was Alibaba Health
Information Technology  0241.HK , which rose 4.34%, while the
biggest loser was Sino Biopharmaceutical  1177.HK , which fell
3.75%.
    ** The Hang Seng Tech Index  .HSTECH  climbed 0.77%, the IT
sector  .HSCIIT  rose 1.47% and Hang Seng Consumption Index
 .HSCGSI  gained 0.22%. The financial sector  .HSNF  slipped
0.25%
    ** Consumption stocks rose, with Nonfu Spring  9633.HK  and
Chow Tai Fook  1929.HK  up 3.98% and 3.39%, respectively.
    ** The top gainers among H-shares were Nongfu Spring, 
followed by New Oriental Education & Technology  9901.HK ,
gaining 3.7% and Baidu Inc  9888.HK , up by 3.6%.



 (Reporting by Hong Kong Newsroom; Editing by Janane
Venkatraman)
 ((donny.kwok@thomsonreuters.com; +852 3462 7745;))