Press Releases in Hong Kong

Hong Kong stocks post worst week in over 4 months

Hong Kong stocks rose on Friday after eight straight sessions of falls, but marked their worst week in more than four months.

The Hang Seng index rose 0.7 percent to 27,344.54, while the China Enterprises Index gained 0.6 percent to 9,885.42.

For the week, HSI dropped 3.4 percent and HSCE slumped 5.1 percent, both posting their worst week since late February.

The Hang Seng tech index hit a nine-month low before reversing course to end 1.5 percent higher, helped by bargain hunting.