The Hong Kong stock market finished higher on Monday, 1 June 2015, on catching-up rally in the mainland counterparts, after China's official manufacturing PMI for May came in line with expectations. The benchmark index opened lower, but reversed its trend on the back of A-share rally. The Hang Seng Index ended up 172.97 points or 0.63% to 27597.16, off an intra-day high of 27766.32 and day low of 27241.95. The Hang Seng China Enterprises Index, benchmark measure of performance of mainland China enterprises, added 195.64 points, or 1.39%, to 14299.45 points. Turnover reduced to HK$164.84 billion from HK$204.8 billion on Friday.
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