Business News
Hong Kong stocks surge to highest level for five months
Feb 15, 2012, 8:35 GMT
Hong Kong - Hong Kong shares rose more than 2 per cent Wednesday to close at their highest level for five months onn the strength of property and banking stocks.
The blue-chip Hang Seng Index climbed 447.4 points, or 2.14 per cent, to end the day at 21,365.23 points. Turnover was 82.26 billion Hong Kong dollars (10.6 billion US dollars.)
Real estate giant Sun Hung Kai Properties Ltd was up 4.57 per cent. Shares of the Industrial and Commercial Bank of China Ltd rose 2.98 per cent.
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