Hong Kong shares close higher with energy firms leading gains on higher oil prices

Shenzhou International group

09/02/2021 08:29

* HSI +0.5%, HSCE 0.4%, CSI300 2.2%
    * Oil prices hit 13-month highs
    * China reports zero locally transmitted infections for a
second
day

    BEIJING, Feb 9 (Reuters) - Hong Kong shares ended higher on
Tuesday with energy stocks leading gains, following rising oil
prices as investors were reassured by a quicker economic
recovery. 
     
** At the close of trade, the Hang Seng index  .HSI  was up
156.72 points, or 0.53%, at 29,476.19. The Hang Seng China
Enterprises index  .HSCE  rose 0.37% to 11,602.76.
 
** The sub-index of the Hang Seng tracking energy shares
 .HSCIE  rose 2.7%, while the IT sector  .HSCIIT  rose 0.82%.
The financial sector  .HSNF  ended 0.48% higher and the property
sector dipped 0.39%.
 
** The top gainer on the Hang Seng was Budweiser Brewing Company
APAC Ltd  1876.HK , which rose 4.72%, while the biggest loser
was Techtronic Industries Co Ltd  0669.HK , which fell 2.85%.
    
** Oil prices continued to rise on Tuesday to 13-month highs.
 urn:newsml:reuters.com:*:nL1N2KF09I
    
** China reported 14 new COVID-19 cases on the mainland on Feb.
8, official data showed on Tuesday, unchanged from a day earlier
and the second day of no locally transmitted infections.
 urn:newsml:reuters.com:*:nB9N2JP020
    
** Auto sales in the country surged in January with a 30% jump
from the same month a year earlier, the tenth month of gains, as
China continued to lead the global automobile industry's
recovery from the COVID-19 pandemic.  L1N2KF0DJ    
    
** Shares of Tencent-backed Kuaishou Technology  1024.HK  rose
as much as 15.7% to HK$350.6, after indexes compiler said to add
the Chinese online video company to Hang Seng family of indexes.
 urn:newsml:reuters.com:*:nL1N2KF09U             
 
** China's main Shanghai Composite index  .SSEC  closed 2.01%
higher at 3,603.49 points, while the blue-chip CSI300 index
 .CSI300  ended 2.19% higher.
 
** Around the region, MSCI's Asia ex-Japan stock index
 .MIAPJ0000PUS  was firmer by 0.42%, while Japan's Nikkei index
 .N225  closed up 0.4%.
 
** The yuan  CNY=CFXS  was quoted at 6.4491 per U.S. dollar at
08:11 GMT, 0% weaker than the previous close of 6.4488. 

 (Reporting by the Shanghai Newsroom; Editing by Krishna Chandra
Eluro)
 ((zoey.zhang@thomsonreuters.com))