Hong Kong Stocks end higher; realty leads

The Hong Kong stock market finished higher on Friday, 08 September 2017, helped by solid China economic data, with property developers leading the broader market rally on hope that the Hong Kong government to launch a new affordable housing scheme to benefit young, first-time home buyers. The Hang Seng Index closed on 27,668.47, up 0.5%, or 145.55 points. The Hang Seng China Enterprises Index, known as the H-share index, rose 0.5%, or 50.92 points, to 11,149.64. Daily turnover decreased 17% to HK$83 billion from Thursday.

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