Monday, January 21, 2013

Hong Kong shares rise, Vanke B-share relisting plan lifts China





Hong Kong shares hit a fresh 19-½ month high on Monday, lifted by mainland Chinese markets that were helped by a 10 per cent surge for property developer Vanke after the company announced plans to relist their B shares in Hong Kong.


The Hang Seng Index went into the midday trading break up 0.1 per cent at 23,631.9, its highest since June 1, 2011. The China Enterprises Index of the top Chinese listings rose 0.3 per cent.









via Business feed http://www.scmp.com/business/money/stock-talk/article/1132963/hong-kong-shares-rise-vanke-b-share-relisting-plan-lifts

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