The Hong Kong stock market closed up in quiet trading on Thursday, 07 July 2016, as investors chased for bottom fishing on following the 78-point rally of the Dow overnight after the minutes of the Federal Reserve's latest policy meeting crushed expectations for a rate hike this year, while post-Brexit fears seemed to ease after rattling global markets once again this week. The benchmark Hang Seng Index rebounded 211.63 points, or 1.03%, to 20706.92 points. The Hang Seng China Enterprises Index, benchmark measure of performance of mainland China enterprises, grew 97.85 points, or 1.15%, to 8600.99. Turnover decreased to HK$49.7 billion from HK$60.7 billion on Wednesday.
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