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Hong Kong Stocks edge up

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Capital Market
The Hong Kong stock market finished session slight higher on Tuesday, 23 May 2017, buoyed by positive lead from Wall Street overnight and strong money flows from mainland China via two cross-border investment schemes. Data from brokerage Jefferies Hong Kong showed Chinese investors spent net HK$12 billion ($1.54 billion) buying Hong Kong stocks last week via the Shenzhen-Hong Kong Stock Connect, marking the biggest inflow so far this year, and the 22nd week of net buying. The Hang Seng Index ended up 11 points to 25,403. The H-share index also rose 20 points to 10,395. Turnover increased to HK$84.8 billion from HK$81.85 billion on Monday.

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First Published: May 23 2017 | 6:03 PM IST

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