Hong Kong Hang Seng closes at new record high

The Hong Kong stock market finished session at fresh record high on Friday, 19 January 2018, boosted by data showing China's economy grew much more than expected last year. Most of sectors inclined, with shares of financial companies and Chinese property developers being notable gainers. The Hang Seng Index climbed 0.41%, or 132.95 points, to finish at 32,254.89, while the Hang Seng China Enterprises Index, or the H-shares index, rose 0.65%, or 84.60 points, to 13,179.52. For the week, the Hang Seng Index advanced 2.7%. Turnover decreased to HK$162.6 billion from HK$196.3 billion on Thursday. Thirty-one stocks rose and 18 fell, among the 51 blue chips, with two stocks remaining steady.

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