The Hong Kong stock market closed higher for third consecutive session on Monday, 09 January 2017, on the back of strength in utility and services stocks, but gains were capped by increasing pressure from profit-taking after a two-week long rally. Hong Kong's benchmark Hang Seng Index closed 55.68 points, or 0.25%, higher at 22,558.69. The Hang Seng China Enterprises Index, known as the H-shares index, shed 8.73 points, 0.09%, to 9,602.32. Turnover reduced to HK$51.3 billion from HK$58 billion on Friday.
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