Press Releases in Hong Kong

Hong Kong shares post weekly gain

Hong Kong stocks ended higher on Friday marking a weekly gain on policy support hopes.

At the close of trade, the Hang Seng index was up 8.41 points or 0.03 percent at 28,004.68. The Hang Seng China Enterprises index fell 0.21 percent to 10,152.95. For the week, the Hang Seng rose 2.41 percent. 

Shares of Hong Kong Exchanges and Clearing rose as much as 5.1 percent before ending 3.76 percent higher, touching its highest level since Feb 24.

The sub-index of the Hang Seng tracking the financial sector ended 0.35 percent higher, and the IT sector rose 0.01 percent. 

The top gainer on the Hang Seng on Friday was Xiaomi Corp, which gained 4.82 percent, while the biggest loser was Shenzhou International Group Holdings Ltd, which fell 4.85 percent.