hongkong stock exchange2 40HONG KONG: Hong Kong stocks ended flat Tuesday, gaining 0.07 percent as investors took to the sidelines before the US Federal Reserve chief Ben Bernanke makes a key address this week.

The benchmark Hang Seng Index rose 13.13 points to 19,811.80 on turnover of HK$36.07 billion ($4.65 billion).

Chinese shares ended up 0.85 percent as investors cheered a planned move by blue-chip Baoshan Iron and Steel to buy back its shares, raising hopes of similar moves by other companies, dealers said.

The benchmark Shanghai Composite Index gained 17.44 points to 2,073.15 on turnover of 42.1 billion yuan ($6.6 billion).

Copyright AFP (Agence France-Presse), 2012

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