Mainland H shares head toward five-month high

Hang Seng China Enterprises Index poised for highest close since Sept

A measure of mainland shares traded in Hong Kong headed towards a five-month high, led by property developers and carmakers amid optimism their earnings outlook will improve.

The Hang Seng China Enterprises Index advanced 1.1 percent on Wednesday, poised for the highest close since early September. A gauge tracking Chinese mainland real estate companies jumped by 5.3 percent to the highest in more than four months.