Hong Kong stocks end 0.07pc higher

28 Aug, 2012

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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