Hong Kong stocks close higher

Reported by AAP
Friday, August 7, 2015
Sold for $1.3 million one day, no buyers for $440,000 the nextRundown home shows death of mining boom.

Hong Kong stocks have closed 0.73 per cent higher, as banking equities recouped the previous day's losses.

The benchmark Hang Seng Index finished up 177.19 points on Friday to 24,552.47 on turnover of HK$71.36 billion ($A12.52 billion).

Meanwhile, Shanghai stocks closed up 2.26 per cent ahead of the release of economic data over the weekend, on hopes for more government measures to boost the market, dealers said.

The benchmark Shanghai Composite Index jumped 82.66 points to 3,744.20 on turnover of 445.5 billion yuan ($A99.14 billion). The index added 2.20 per cent over the week.

The Shenzhen Composite Index, which tracks stocks on China's second exchange, rose 3.00 per cent, or 63.50 points, to 2,177.15 on turnover of 448.8 billion yuan. It gained 3.15 per cent for the week.

28/11/2015 15:04Sydney, Australia. 28 November,2015