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Hong Kong stocks ends 1.25% higher, Hang Seng adds 284.42pts

Hong Kong stocks ends 1.25% higher, Hang Seng adds 284.42pts

BEIJING: Hong Kong stocks increased 1.25 per cent at the end of the week, after another strong rally on Wall Street, while Shanghai closed at a new four-year high.
The benchmark Hang Seng Index added 284.42 points to 23,116.63 on Friday on turnover of $HK95.71 billion ($A13.36 billion).
In mainland China the benchmark Shanghai Composite Index jumped 1.67 per cent, or 51.08 points, to 3,108.60 – its highest since November 2010 – on turnover of 515.6 billion yuan ($A91.10 billion).
The index rose 5.80 per cent over the week.
But the Shenzhen Composite Index, which tracks stocks on China’s second exchange, fell 1.26 per cent, or 18.67 points, to 1,465.59 on turnover of 269.7 billion yuan.
It slipped 0.96 per cent for the week.