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Home International Markets

Hong Kong’s Hang Seng index surges 0.6%, Shanghai Composite Index up 1%

byCustoms Today Report
12/11/2014
in International Markets
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HONG KONG: Hong Kong shares soared on Wednesday ahead of the launch of a landmark scheme linking Hong Kong’s stock market with China’s $3.9 trillion stock market.

The Hang Seng index rose 129.9 points, or 0.6 percent, to 23,938.18, while the Hong Kong China Enterprises Index gained 77.7 points, or 0.7 percent, to 10,729.76. The total volume of shares traded in Hong Kong was 74.39 billion shares.

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The CSI300 index of the largest listed companies in Shanghai and Shenzhen rose 34.93 points, or 1.37 percent, to 2,593.54, while the Shanghai Composite Index gained 24.60 points, or 1 percent, to 2,494.28.

In Shenzhen, Changjiang Securities, up 3.8 percent to 8.27 yuan; BOE Technology, up 0.8 percent to 2.62 yuan and Northeast Securities, up the daily maximum 10 percent to 12.54 yuan were among the most active stocks.

Total volume of A shares traded in Shanghai was 25.23 billion shares, while Shenzhen volume was 12.69 billion shares.

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