Hong Kong market ends up

Hong Kong stock market ended marginally higher after recouping intraday losses late afternoon on Monday, 19 October 2015, as traders speculated the Chinese government will accelerate reforms of state-owned companies and loosen monetary policy to bolster the economic growth after data showed world second largest economy recorded its slowest pace of growth since 2009 in the third quarter. The Hang Seng Index advanced 8.24 points, or 0.04%, to 23075.61 points. The Hang Seng China Enterprises Index, benchmark measure of performance of mainland China enterprises, gained 51.53 points, or 0.48%, to 10688.54 points. Turnover reduced to HK$67.25 billion from HK$88 billion on Friday.

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