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

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

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;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10