Hong Kong stocks rose to their highest since April 3, breaching psychological resistance at 21,000 for only the second time in more than six months, as investors flocked to China-related shares on optimism about the mainland economy.
“We are quite bullish on Hong Kong stocks this quarter -- mainly due to China-related shares, which account for more than half of the overall weighting of the benchmark index,” said Francis Cheung, managing director of China-Hong Kong Strategy at CLSA.
via Business feed http://www.scmp.com/business/money/stock-talk/article/1059599/hong-kong-stocks-rose-chinese-financial-players-li-ning
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