Hong Kong Market climbs to new two-year high

The Hong Kong stock market rose to a new two-year high on Monday, 17 July 2017, with sentiment aided by robust China economic growth data and signs Chinese money inflows are accelerating. Most sectors rose, with financials leading gains. The Hang Seng Index rose slightly by 0.3% on Monday, or 81.35 to a new two-year high 26,470.58 and marking the sixth day of increases. The Hang Seng China Enterprises Index, also known as the H-share index of Chinese companies listed in the city, added 0.5%, or 55.12 points, to 10,783.19. Turnover increased to HK$93.2 billion from HK$77.5 billion on Friday.

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