Press Releases in Hong Kong

Hong Kong shares snap 5-day losing streak

HONG KONG – Hong Kong shares ended higher Wednesday, with the benchmark Hang Seng Index edging up after falling for five consecutive days.

The index recovered by 0.14 percent to end at 24,685.5 points, led by a 3.01-percent charge of Chinese online shopping platform Meituan.

The Hang Seng China Enterprises Index, a benchmark that reflects the overall performance of the Chinese mainland securities listed in Hong Kong, lost 0.37 percent to end at 8,794.82 points.

Despite the gains in the overall market, many stocks continued their overall downtrend.