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0.0166060054595087 0.016378525932666 0.0168334849863513 0.0209281164695178 0.024112829845314 0.0300272975432211 0.0293448589626933 0.0270700636942676
Stock impact report

HK stocks end at 3-week high on bargain hunting [Reuters]

TENCENT HLDGS UNSP/ADR (TCEHY) 
NASDAQ:AMEX Investor Relations: tencent.com/en-us/investor.html
Company Research Source: Reuters
HK stocks end at 3-week high on bargain hunting * HK-Shanghai Connect daily quota used 8.8%, Shanghai-HK daily quota used 0.9% * HSI +1.3%, HSCE +1.1%, CSI300 -0.3% * FTSE China A50 -0.3% SHANGHAI, Dec 12 (Reuters) - Hong Kong shares on Thursday hit their highest close in more than three weeks, as investors sought bargains in IT and consumer stocks amid strength in the local currency. ** The Hang Seng index was up 1.3% at 26,994.14, its highest close since Nov. 19, while the China Enterprises Index closed 1.1% firmer at 10,614.76. ** The Hong Kong dollar strengthened to a five-month high on Thursday, with some analysts attributing the gains to profit-taking as investors unwind lucrative “carry” trades ahead of the year-end. ** Such trades involve borrowing in places with low interest rates, such as Hong Kong, to fund the purchase of potentially higher-yielding assets denominated in U.S. dollars. ** Fitch Ratings said Hong Kong’s role in global finance remains intact despite unrest. ** Show less Read more
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