Beijing, Sep 27 (EFE) .- The benchmark index of the Hong Kong Stock Exchange, the Hang Seng, closed today with gains of 0.07% in a day without major shocks in which companies in the financial sector were the most benefited.
The selective gained 16.62 points, to 24,208.78, while the index that measures the behavior of mainland Chinese companies listed on the Hong Kong stock market, the Hang Seng China Enterprises, fell 0.25%.
The Financial sub-index was the only one that managed to avoid losses after growing 0.52%.
Commerce and Industry, Real Estate and Services fell 0.08%, 0.95% and 0.08% respectively.
Shares of the developer Evergrande – which is listed on the Hong Kong Stock Exchange, but is not included in the Hang Seng, and is experiencing serious economic difficulties – grew by 8.05%.
It was a good day for Chinese oil companies Petrochina, Sinopec and Cnooc, which posted increases of 1.31%, 0.52% and 5.08% respectively.
There were quite a few financial sector stocks that dressed in green: HSBC, China Merchants Bank and the Hong Kong branch of the Bank of China grew 1.51%, 1.37% and 0.88% respectively.
Insurers Ping an and AIA also performed well, rising 1.38% and 0.34% respectively.
The Real Estate sub-index (which does not include Evergrande) was the worst hit of the day, with companies such as Longfor Group falling as much as 3.18% in a context still uncertain due to the crisis of the Chinese developer.
The carmaker Geely Auto and the manufacturer of solar panels Xinyi Solar led the biggest drops of the day (4.56% and 4.1% respectively).
Chinese techs suffered mixed fortunes: Tencent and Meituan rose 0.95% and 1.55% respectively, while Alibaba suffered a 1.66% drop.
The business volume for the session was 148.9 billion Hong Kong dollars (equivalent to 19,129 million dollars or 16,359 million euros).
Outside the Hang Seng, he highlighted the 9.42% drop in Evergrande New Energy Vehicle, Evergrande’s electric vehicle subsidiary, after announcing that it does not have sufficient liquidity to face its pending payments and operations.
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