Hong Kong stocks end at over 10-month high as lunar new year cheers

Sunny Optical Technology Co

26/01/2023 08:43

Jan 26 (Reuters) - Hong Kong shares jumped on Thursday,
marking a gain on the first day of trade in the year of the
rabbit, with local stock catching up with gains in other markets
as trade resumed after the three-day Lunar New Year holiday.
    ** Mainland China markets are due to resume on Monday.
    ** The benchmark Hang Seng Index  .HSI  surged 522.13
points, or 2.37%, to close at 22,566.78, the highest since March
2, 2022, while the Chinese H-shares Hang Seng China Enterprises
Index  .HSCE  rose 2.98% to end at 7,706.72, the highest since
July 5.
    ** Melco International  0200.HK  led a slide in Macau
casinos stocks, falling as much as 7.1% to HK$10.22 in its
biggest daily pct decline since Dec. 19.  urn:newsml:reuters.com:*:nL1N34B0FT
    ** Hong Kong shares of China Tourism Group Duty Free Corp
 1880.HK  and Prada  1913.HKL  jumped on consumption optimism
due to mainland tourism  urn:newsml:reuters.com:*:nL4N34B0UT
    ** Around the region, MSCI's Asia ex-Japan stock index
 .MIAPJ0000PUS  was firmer by 1.17%, while Japan's Nikkei index
 .N225  closed down 0.12%.
    ** The top gainer on the Hang Seng Index was Xiaomi Corp
 1810.HK , which gained 12.48%, while the biggest loser was
Orient Overseas (International) Ltd  0316.HK , which fell 2.63%.
    ** The top gainer among H-shares were Xiaomi Corp  1810.HK 
while the biggest H-shares percentage decliner was China Feihe
Ltd  6186.HK , which was down 1.76%
    ** Hang Seng TECH Index  .HSTECH  jumped 4.3%, the IT sector
 .HSCIIT  surged 3.2% and the Hang Seng Mainland Properties
Index  .HSMPI  soared 4.5%
 (Reporting by Donny Kwok; Editing by Christina Fincher)
 ((donny.kwok@thomsonreuters.com; +852 3462 7745;))