Hong Kong stocks close higher in volatile trade

The Hong Kong stock market ended higher after a roller-coaster ride on Thursday, 2 July 2015, on tracking cues from global equity markets. The benchmark index opened 209 points higher following rally of overseas markets as Greece's referendum will be held as scheduled. But the mainland China market continued its slide despite the government issuing a flurry of measures, hurting local sentiment. The Hang Seng Index advanced 32.29 points or 0.12% to finish at 26282.32 points, after returning from a public holiday on Wednesday. The Hang Seng China Enterprises Index, benchmark measure of performance of mainland China enterprises, dropped 196.58 points, or 1.51%, to 12784.65 points. Turnover reduced slightly to HK$150.8 billion from HK$156 billion on Tuesday.

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