Hang Seng appreciates ahead of EU summit

Hong Kong's Hang Seng Index gained 1.58% or 298.35 points and closed at 19,240.58 showing increased investor confidence about upcoming European summit. Chinese real estate shares added substantially to index as China Resources Land Ltd. edged up 1.6% and China Overseas Land & Investment added 3%. Resource companies also boosted the index: Aluminum Corp. gained 2.7% while Jiangxi Copper Co surged 3.7%.