Hang Seng ends 0.5% higher on Monday

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Source: Dukascopy Bank SA
Hong Kong's stocks rose on Monday on investor speculation Chinese government will provide additional measures to stimulate economic expansion. Moreover worries of Greece's exit from Euro Zone eased. Hang Seng index gained 0.47% or 87.58 points and closed at 18,800.99. Property shares supported the index with China Overseas Land & Investment adding 2.8% and China Resources Land rallied 3.4%. Some financials edged lower with Bank of East Asia giving up 1% and Tencent Holdings slipping 1.6%.  

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Mon, 28 May 2012 13:38:59 GMT

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