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Hong Kong shares finished up on Thursday after a strong rally on Chinese markets, but underperformed mainland boards as Hong Kong investors sold off selected heavyweights in real estate, information technology and gaming giant Sands China, seen as hurt by China’s anti-corruption campaign.
The Hang Seng index rose 0.5 per cent to 24,902.06, while the China Enterprises Index gained 1.4 per cent to 12,227.75 points.
Among the most actively traded stocks on Hong Kong’s main board were Industrial and Commercial Bank of China, up 0.9 per cent at HK$5.71; China Construction Bank, up 1.1 per cent at HK$6.49; and Bank of China, up 1.1 per cent at HK$4.47.
Total trading volume of companies included in the HSI index rose from previous days to 1.9 billion shares.
Mainland markets were closed on Monday and Tuesday, the last two days of a week-long holiday.
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