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Hong Kong: Flat after late buying spree

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Hong Kong: Flat after late buying spree Empty Hong Kong: Flat after late buying spree

Post by hlk Tue 11 Oct 2011, 08:16

SHARES ended flat yesterday as earlier losses were wiped out in a late buying spree.

The Hang Seng Index edged 4.05 points higher to end at 17,711.06.

Hong Kong-listed Chinese banks got a boost after Central Huijin Investment, the domestic investment arm of China's sovereign-wealth fund, said it had started buying their shares.

Near the end of trading, the Hang Seng Index was down 1.5 per cent but then surged on the Huijin news. - Agencies

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