Source: Xinhuanet
06-21-2007 10:03
Special Report: HK 10 YearsHong Kong stocks Wednesday continued its bullish run the second consecutive day, with Hang Seng index closing at new record high of 21,684.67, 0.47 percent higher than the previous record after a holiday close on Tuesday.
The Hang Seng index finished 101.78 points higher than Monday's record of 21,582.89, pushed again by H-shares but the going up speed slowed down.
Turnover increased to a record high of 121.45 billion HK dollars (15.57 billion U.S. dollars) from Monday's 100.07 billion HK dollars.
Investment flush in from the Chinese mainland, the performance of H-financials and the up trend of overseas markets are cited as factors to Hong Kong market's bull run by local analysts. But stocks performance mixed.
China Mobile, China's mobile giant and one of the heavyweights of the market, moved 0.06 percent up to 80.4 HK dollars, while China Unicom up 1.38 percent to 13.2 HK dollars. But China Telecom went down 1.46 percent to 4.71 HK dollars.
HSBC, another heavyweight of the market closed 1.25 percent higher to 145.80 HK dollars, while China Life, Chinese mainland's leading insurer, went down 0.56 percent to 26.8 HK dollars.
Editor:Li Yang
