Hong Kong stocks ended the week on a firmer footing, after an encouraging slew of earnings from US tech giants buoyed Wall Street and the European Central Bank extended its stimulus. The market also drew support on solid earnings from major Chinese firms listed in the city, including China Life Insurance and telecommunications equipment and systems company ZTE Corp.
The Hang Seng index rose 0.8 percent, to 28,438.85, while the China Enterprises Index gained 1.7 percent, to 11,643.57 points. But for the week, the Hang Seng dipped 0.2 percent, while the HSCE rose 0.7 percent.
Copyright Reuters, 2017
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