Hong Kong shares rose for a second day on Friday as coal counters clawed back steep losses
from earlier this week, buoyed by favourable stimulus rhetoric from European central banks and
ahead of a slew of U.
S.
and China data.
Mainland Chinese markets...
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Hong Kong shares rose for a second day on Friday as coal counters clawed back steep losses
from earlier this week, buoyed by favourable stimulus rhetoric from European central banks and
ahead of a slew of U.
S.
and China data.
Mainland Chinese markets were relatively more subdued, with property-related sectors buoying
index gains as investors welcomed a report in official media on long-term efforts to control home
prices.
At midday, the CSI300 of the leading Shanghai and Shenzhen A-share listings was up 0.
6
percent, while the Shanghai Composite Index rose 0.
2 percent.
On the week, they are each up 1.
6
percent, headed for their first weekly gain in five.
The Hang Seng Index, which hit a one-week low on Wednesday, was up 1.
5 percent at 20,766.
6
points.
The China Enterprises Index of the top Chinese listings in Hong Kong climbed 1.
9
percent.
On the week, they are now down 0.
2 and 1.
3 percent, respectively.
Both have had losses in six
out of the previous seven weeks.
But t
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