Hong Kong market rises 1.09%

The Hong Kong stock market ended higher on Tuesday, 30 June 2015, clawing back some of the previous day's losses, on tracking rebound in the Mainland China market and other regional bourses. Market gain was, however, limited amid lingering concerns of stalemated negotiations over Greece's debt and its looming default deadline later in the day. The benchmark index opened slightly lower and fell to an intra-day low of 25,885. But the Shanghai index staged strong rebound on the remarks of the China Securities Regulatory Commission (CSRC), boosting HK market by more than 500 points at one stage. The Hang Seng Index recovered 283.05 points or 1.09% to finish at 26250.03, off an intra-day high of 26470.44 and day low of 25885.66. The Hang Seng China Enterprises Index, benchmark measure of performance of mainland China enterprises, rebounded 286.57 points, or 2.26%, to 12981.23 points. Turnover reduced to HK$155.9 billion from HK$186 billion on Monday.

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