Hong Kong: Property counters lead gains

Posted on | April 5, 2007

By BUSINESS TIMES

HONG KONG: SHARE prices closed sharply higher yesterday, gaining 1.03 per cent in a holiday- shortened week, with property stocks leading gains on expectations of strong housing sales during the five-day break from today.

Sentiment was generally boosted by strong gains on the US and Japanese bourses.

The Hang Seng Index closed up 207.01 points at 20,209.71.

The market will be closed from today until next Monday for the Ching Ming Festival and Easter.

You might also like

Asia Roundup: US housing data lift stocks By BUSINESS TIMESHONG KONG: Asian stocks closed firmer yesterday, building on last week's solid gains...

Hong Kong: Property stocks lead the way up By AFPSHARE prices closed at a record high yesterday, up 1.78 per cent, as property stocks posted strong...

HK land sale price surpasses estimates By REUTERS HONG KONG: Hong Kong sold a piece of land yesterday at a price that was a third above forecasts,...

Sun Hung Kai’s HK$10.9b land buy beats estimates By BLOOMBERGHONG KONG: Sun Hung Kai Properties Ltd, the world's biggest developer by market value, paid...