Hong Kong stocks climb

17 Feb, 2017

Hong Kong stocks closed at an 18-month high on Thursday, with sentiment boosted by Wall Street's ongoing rally and demand from China. The benchmark Hang Seng index added 0.5 percent, to 24,107.70 points, the highest since August 2015, while the Hong Kong China Enterprises Index gained 0.2 percent, to 10,455.02 points.
Mainland investors used 2.1 billion yuan ($306.21 million) on Thursday, or 20.1 percent of the daily quota, compared with an average of less than 11 percent in January and 25.6 percent on Wednesday.
A gauge of tech stocks added 1.8 percent at the close after receiving a boost from index heavyweight Tencent Holdings Ltd.
The internet giant rose 2.6 percent after media reports said it was in talks to invest in Indonesia's biggest mobile ride-hailing and delivery service Go-Jek.

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