Hong Kong stocks close 0.45pc stronger, Hang Seng adds 106.51pts

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HONG KONG: Hong Kong stocks ended 0.45 percent higher in spite of a local sell-off as Cheung Kong Holdings soared on previous week’s unveiling of a multi-million-dollar restructuring plan.
The benchmark Hang Seng Index added 106.51 points to 24,026.46 on turnover of HK$89.94 billion (US$11.61 billion).
In mainland China the benchmark Shanghai Composite Index fell 1.71 percent, or 56.09 points, to 3,229.32 on turnover of 366.3 billion yuan ($59.8 billion).
The Shenzhen Composite Index, which tracks stocks on China’s second exchange, lost 0.71 percent, or 10.28 points, to 1,432.56 on turnover of 191.2 billion yuan.