Hong Kong Market jumps 1.13%
Capital Market A late-day bargain buying helped the Hong Kong stock market to finish sharply higher on Friday, 20 November 2015. The bargain buying spurred amid speculation the China's central bank may cut lenders' reserve-requirement ratios to stimulate the economy. All major sectors improved, with financial and realty stocks being among major gainers. The benchmark Hang Seng Index advanced 254.50 points, or 1.13%, to 22754.72 points. The Hang Seng China Enterprises Index, benchmark measure of performance of mainland China enterprises, has gained 108.89 points, or 1.07%, to 10302 points. Turnover reduced to HK$64.4 billion from HK$66.8 billion on Thursday.
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