Hong Kong shares rise over 1 pct, aided by Chinese money inflows



Hong Kong shares rose more than 1 percent on Tuesday, recovering much of Monday's drop and aided by further money inflows from mainland Chinese investors.
But investors were bracing for a drop in flows from China as the Shanghai-Hong Kong Stock Connect scheme will be suspended from Sept. 29 to Oct. 10 due to China's National Day holiday.
The Hang Seng index rose 1.1 percent to 23,571.90 points, while the China Enterprises Index gained 1.2 percent to 9,746.56.
Nearly all sectors rose, with financial shares leading the gains.
Chinese investors bought 3.6 billion yuan ($539.90 million)of Hong... read more

 
27 September 2016 in World News, Views: 28
Source: Reuters
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