Hong Kong shares rise on China inflation data but slide on week



Oct 14 Hong Kong stocks ended a bearish week on an upbeat note on Friday after China's producer prices unexpectedly rose for the first time in nearly five years, easing some of the pressure on Chinese miners and manufacturers.
The Hang Seng index rose 0.9 percent to 23,233.31 points, while the China Enterprises Index gained 1.1 percent to 9,601.40.
But for the week, the Hang Seng dropped 2.6 percent, its worst weekly performance in a month.
After a strong third quarter, the Hong Kong market has recoiled amid a resurgence in global volatility ahead of the U.S. presidential election in... read more

 
14 October 2016 in World News, Views: 35
Source: Reuters
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