April 27 Hong Kong's benchmark stock index
closed at its highest level in 20 months on Thursday as investor
sentiment remained supported by prospects of better global
growth and receding worries about political risks in Europe.
The market also drew support from continuous flows of money
from mainland Chinese investors.
The Hang Seng index rose 0.5 percent to 24,698.48
points, its strongest close since August, 2015.
But the China Enterprises Index lost 0.6 percent to
Gains in the Hang Seng bucked a weaker trend in other Asian
markets as a long-awaited U.S. tax cut plan failed to inspire
On Thursday, Chinese investors used rough one-fourth of the
daily quota buying Hong Kong stocks via the Shanghai-Hong Kong
Stock Connect, compared with just 1.8 percent in the other
Financial shares rose 0.8 percent, but many other
An index tracking mainland properties slumped 2.2 percent on
concerns that measures to cool heated home prices may remain in
place for some time.
(Reporting by the Shanghai Newsroom; Editing by Kim Coghill)