China Enterprises Index rises 0.73 pct-- Aug. 26

The Hang Seng China Enterprises Index rose 82.39 points, or 0.73 percent, to close at 11,406.64 on Tuesday, boosted by huge gains of resources and financial sectors.

The H-shares index, initiated in August 1994 and readjusted on March 10, 2008, tracks the overall performance of 42 Chinese mainland state-owned enterprises listed on the Hong Kong Stock Exchange.

The Hang Seng China H-Financials Index went up 175.09 points, or 1.19 percent, to close at 14,890.54.

The H-Financials Index, initiated on Nov. 27, 2006, readjusted on Sept. 10, 2007, tracks the performance of nine major banks and insurers of the Chinese mainland.

Hang Seng Mainland Composite Index went down 6.12 points, or 0.16 percent, at 3,703.53.

Introduced on Oct. 3, 2001 and readjusted on Sept. 11, 2006, Hang Seng Mainland Composite Index gauges the performance of 103 Hong Kong-listed companies with principal places of business in Hong Kong and the Chinese mainland.

The Hang Seng China-Affiliated Corporations Index dropped 47.09 points, or 1.11 percent, to close at 4,205.62.

The index tracks the performance of 31 locally listed companies with a significant equity interest held by entities in the Chinese mainland.

 

Source: CRIEnglish