Hong Kong market closes sharply higher

Hong Kong stock market closed higher on Thursday, 27 August 2015, as investors chased for bottom fishing on battered blue chip stocks on tracking gain on the Wall Street overnight after some clarity on the U.S. Federal Reserve's monetary policy emerged. Meanwhile, rebound on the Mainland China stocks also amplified buying sentiments. The Hang Seng Index ended higher by 758.15 points, or 3.6%, at 21838.54 points. The Hang Seng China Enterprises Index, benchmark measure of performance of mainland China enterprises, rose 435.68 points, or 4.62%, to 9863.61 points. Turnover reduced to HK$108.9 billion from HK$134.5 billion on Tuesday. Turnover soared to HK$122.43 billion from HK$109 billion on Wednesday.

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