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Stock & Shares

Hong Kong: Shares close up in first trading day of the year

Hong Kong Shares

Hong Kong and Shanghai stocks ended higher Tuesday after opening flat on the first trading day of the year.

The Hang Seng Index climbed 0.57 per cent, or 125.45 points, to end at 22,126.01.

The benchmark Shanghai Composite Index gained 1.04 per cent, or 32.28 points, to 3,135.92 on turnover of 159.9 billion Yuan (£18.71 billion).

The Shenzhen Composite Index, which tracks stocks on China’s second exchange, increased 0.86 per cent, or 16.84 points, to 1,985.95 on turnover of 199.5 billion Yuan.

Risk Warning:

Please remember that financial investments may rise or fall and past performance does not guarantee future performance in respect of income or capital growth; you may not get back the amount you invested.

There is no obligation to purchase anything but, if you decide to do so, you are strongly advised to consult a professional adviser before making any investment decisions.

Paul

The author Paul