Shanghai (China), Jan 5 (EFE) .- The benchmark index of the Hong Kong Stock Exchange, the Hang Seng, gained 0.64% today, driven by the large state telephone companies, whose process of exclusion from Wall Street for alleged ties with the Chinese Army was unexpectedly reversed by the New York operator.
The New York Stock Exchange cited “new consultations with the regulatory authorities” without giving further explanations of its decision, something that, however, was enough to make the titles of these companies soar: China Unicom advanced 8.5%; China Mobile, 5.13%, and China Telecom, 3.35%.
The selective added 177.05 points to 27,649.86, while the index that measures the behavior of mainland Chinese companies listed on the Hong Kong stock market, the Hang Seng China Enterprises, rose 0.48%.
All the selective closed in positive: Commerce and Industry (1%), Real Estate (0.82%), Services (0.72%) and Finance (0.21%).
In the latter sector, falls in heavyweights such as ICBC (0.82%) or HSBC (0.74%) did not weigh as much as the 3.44% advance of the former British colony market operator, HKEX.
Similar was the situation in real estate, where the collapse of China Overseas (4.24%) was not enough to sour a session starring Sun Hung Kai (+3.19%).
Among the digital giants, Alibaba (-2.02%) remains in the doldrums but Meituan (+1.37%) and Tencent (+1.92%) stand out.
Notable performance was also that of food companies such as the Mengniu Dairy dairy group (7.32%) or the meat WH Group (6.7%).
The state oil companies experienced a mixed session, with Petrochina on the losing side (-0.83%) and Cnooc on the winner (+ 0.14%) while Sinopec remained in no-man’s-land by not registering any variation in its price.
The business volume of the session was 215,030 million Hong Kong dollars (27,736 million dollars, 22,618 million euros). EFE
–
