Hong Kong stocks rise

25 Jan, 2017

Hong Kong stocks rose on Tuesday, led by a solid resources sector as a weaker U.S currency stemming from President Donald Trump's protectionist stance reduces costs to firms for raw materials imports. An index tracking resources stocks advanced 4.1 percent.
Mainland miners also put up a solid performance after futures contracts of coke rallied around 3.7 percent at the close.
Shares of Shenhua Energy Co Ltd and Yanzhou Coal Mining Company Limited climbed about 2.5 percent and 5.4 percent respectively. The benchmark Hang Seng index added 0.2 percent, to 22,949.86 points, while the Hong Kong China Enterprises Index gained 0.3 percent, to 9,759.26 points.

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