Market Wrap: Hang Seng climbs to 5-month high on mainland developers

Hong Kong stocks rose for the fourth consecutive trading days to a five-month high, lifted by Chinese developers after data shows transactions are improving in China.

The benchmark Hang Seng Index added 58.82 points, or 0.28 per cent, to close at 21,207.07. While the Hang Seng China Enterprises Index, which tracks the performance of Hong Kong-listed Chinese firms, lost 7.86 points, or 0.08 per cent, to finish at 10,367.46.

via Business feed http://www.scmp.com/business/money/stock-talk/article/1062460/market-wrap-hang-seng-climbs-5-month-high-mainland