Hong Kong market gains 0.73%

The Hong Kong stock market ended higher on Friday, 07 August 2015, as risk sentiments recharged on tracking sharp rebound in the Mainland A-share market after reports that trillions of yuan funds will likely re-enter the equity market from a Chinese government agency and a bunch of China funds. The Hang Seng Index ended 177.19 points, or 0.73%, higher at 24552.47 points. The Hang Seng China Enterprises Index, benchmark measure of performance of mainland China enterprises, jumped 134.67 points, or 1.21%, to 11227.94 points. Turnover increased to HK$71.4 billion from HK$67.3 billion on Thursday.

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