Hong Kong stocks surges on strong offshore lead

Hong Kong share market advanced for second consecutive session on Friday, 19 December 2014, joining the global rally, on tracking its cue from continued gains on Wall Street overnight after the Federal Reserve signalled it was in no rush to lift interest rates. The Hang Seng Index ended higher 284.42 points, or 1.25%, to 22116.63, off an intra-day high of 2389.60 and low of 23041.37. The Hang Seng China Enterprises Index, benchmark measure of performance of mainland China enterprises, climbed up 69.46 points, or 0.61%, to 11400.19. Turnover decreased to HK$95.70 billion from HK$99.64 billion on Thursday.

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