Hong Kong shares edge up, led by retailers; mainland down

Hong Kong shares rose slightly on Wednesday, with retailers gaining ground after strong results from cosmetics firm Sa Sa International.

Gains for overseas stock markets on an improving global economic outlook, in particular a stronger-than-expected rise in German investor sentiment, also helped buoy the market.

The blue chip Hang Seng Index gained 0.3 per cent to 23,201.92 by the midday break. The index has largely traded between 23,100 and 23,400 after marking its highest level in nearly two years in early February.

via Business feed http://www.scmp.com/business/money/stock-talk/article/1154597/hong-kong-shares-edge-led-retailers-mainland-down