Hong Kong stock market closed higher after a choppy trade on Thursday, 24 May 2018, helped by services and energy companies, though gains were capped amid renewed concerns over China-U.S. trade tensions after US President Donald Trump signalled a new direction in US-China trade talks and said any deal would need "a different structure. Adding to investor worries, the Trump administration has launched a national security investigation into car and truck imports that could lead to new US tariffs similar to those imposed on imported steel and aluminium in March. The Hang Seng Index rose modestly by 0.31%, or 94.77 points, to 30,760.41. The Hang Seng China Enterprises Index gained 0.51%, or 61.83 points, to 12,152.62. Turnover decreased to HK$89.9 billion from HK$115.4 billion on Wednesday.
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