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Wednesday, September 11, 2019, 17:18
Hong Kong stocks close at 6-week high
By Reuters
Wednesday, September 11, 2019, 17:18 By Reuters

Flags of the Hong Kong Stock Exchange (center) and Hong Kong (right) are seen at Exchange Square in Hong Kong on Oct 6, 2017. (ANTHONY WALLACE / AFP)

Hong Kong stocks closed at their highest since early August on Wednesday, boosted by property and financial firms.

The Hang Seng index rose 1.8%, to 27,159.06, while the China Enterprises Index gained 1.6%, to 10,565.01.

The Hang Seng index rose 1.8%, to 27,159.06, while the China Enterprises Index gained 1.6%, to 10,565.01

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Most sectors gained ground, with property and financial firms rising 2.5% and 2.1%, respectively.

Around the region, MSCI's Asia ex-Japan stock index was firmer by 0.72%, while Japan's Nikkei index closed up 0.96%.

The yuan was quoted at 7.1168 per US dollar at 08:14 GMT, 0.05% weaker than the previous close of 7.113.

The top gainers among H-shares were China Shenhua Energy Co Ltd up 3.79%, followed by Industrial and Commercial Bank of China Ltd, gaining 3.07%, and Hengan International Group Company Ltd, up by 3.03%.

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The three biggest H-shares percentage decliners were Shenzhou International Group Holdings Ltd, which was down 2.44%, CSPC Pharmaceutical Group Ltd, which fell 1.81%, and China Telecom Corp Ltd, down by 1.33%.

At close, Chinese mainland's A-shares were trading at a premium of 28.34% over Hong Kong-listed H-shares.

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