Hong Kong stocks on Thursday gained 112.6 points, or 0.51 percent, to close at 21,999.08, the fresh high since the beginning of the year.
The benchmark Hang Seng Index tracked overnight gains on Wall Street to open above the 22,000 mark, but pared its gains in the afternoon to close slightly below the 22,000, with market heavyweight HSBC and the mainland banks leading the gains.
Related readings:
Turnover expanded to HK$79.95 billion ($10.25 billion), compared with HK$64.56 billion on Thursday.
Hong Kong stocks close 1.95% higher
Hong Kong stocks close 0.93% lower
Hong Kong stocks close 0.04% higher
Hong Kong stocks open 0.16% lower
Three of the four major sub-indexes gained, with finance advancing 0.88 percent, utilities advancing 0.19 percent, and the commerce and industry, 0.29 percent. Properties shed 0.4 percent, making them the only losing category.