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Article: Roundup: Hong Kong stocks soar 3.57 pct on surging Chinese shares
- Article from:
- Xinhua News Agency
- Article date:
- March 26, 2009
CopyrightCopyright 2009 Xinhua News Agency. Provided by ProQuest LLC. (Hide copyright information)
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Roundup: Hong Kong stocks soar 3.57 pct on surging Chinese shares
HONG KONG, March 26 (Xinhua) -- Hong Kong stocks closed sharply
higher on Thursday, boosted mainly by the prices upsurge of Chinese
shares in the market amid rosy economic outlook towards the Chinese
mainland.
The benchmark Hang Seng Index rose 199.17 points, or 1.46
percent, to open at 13,821.28 and touched the day's lowest 13,819. 1
within narrow fluctuation in the morning session.
Encouraged by the Industrial and Commercial Bank of China's
strong growth of profit in 2008, investors rushed to buy into shares
of major companies in the Chinese mainland in the afternoon session,
sending the index above the 14,000 mark.
The ...