Hong Kong stocks close higher

Reported by AAP
Wednesday, April 15, 2015
Australia's richest and poorest postcodesOne pocket of Sydney's eastern suburbs earn close to nine times more than those who live in the country's poorest area.

Hong Kong have shares closed slightly higher as data showed China's economy grew at its slowest quarterly rate since the height of the global financial crisis, raising hopes for further monetary easing.

The benchmark Hang Seng Index added 57.33 points or 0.21 per cent to 27,618.82 on Wednesday. Turnover was HK$216.15 billion ($A36.57 billion).

In mainland China the benchmark Shanghai Composite Index fell 1.24 per cent, or 51.40 points, to 4,084.16 on turnover of 773.1 billion yuan ($A165.21 billion).

The Shenzhen Composite Index, which tracks stocks on China's second exchange, dived 3.68 per cent, or 80.24 points, to 2,101.65 on turnover of 558.1 billion yuan.

07/07/2015 01:39Sydney, Australia. 7 July,2015