Hang Seng bounces 1.72% on positive lead
Capital Market
Hong Kong share market closed higher on Thursday, 04 December 2014, propelled by tracking record high finish of Wall Street overnight and surge in Mainland China market to highest level since mid-2011 today. The Hang Seng Index ended higher 403.94 points, or 1.72%, to 23832.56, off an intra-day high of 23844.24 and low of 23456.71. Turnover surged to HK$117.48 billion, down from HK$123.2 billion on Wednesday.
As for the Shanghai-HK stock connect flow, the northbound quota balance was RMB9.479 billion, while the southbound quota balance was RMB10.085 billion, accounting for 72% and 96% of the daily allowed quotas respectively.
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