HSI Jumps 263 pts, Led by Developers
Markets gradually factored in the impact of Brexit. European and U.S. markets rebounded. Hong Kong stocks followed to advance. Hang Seng Index, after opening up 44 pts, once peaked at 20,456, up 284 pts toward market end. It eventually closed at 20,436, up 263 pts or 1.3%. Hang Seng China Enterprises Index added 35 pts or 0.4% at 8,571. Market turnover amounted to $63.578 billion at close.
Government announced Land Sale Programme for July-September in the afternoon. Hang Seng PROP index surged 2.4%, outperforming market. CK PROPERTY (01113.HK) +1.600 (+3.474%)
TINGYI (00322.HK) +0.300 (+4.310%)
CHINA MOBILE (00941.HK) +2.200 (+2.573%)
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