Hong Kong stocks inch higher ahead of Lunar New Year holiday [Reuters (UK)]
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Source: Reuters
Hong Kong stocks inch higher ahead of Lunar New Year holiday | Reuters 3 Min Read * HSI +0.1 pct, HSCE -0.4; Mainland markets shut * China services sector moderates but still solid * Low volumes in half-day trading ahead of 3-day break HONG KONG, Feb 4 (Reuters) - The Hong Kong stock market edged up in half-day trading on Monday, ahead of the three-day Lunar New Year Holiday, on the back of mildly positive data on the Chinese economy. ** The Hang Seng index closed up 0.2 percent at 27,990.21, while the Hang Seng China Enterprises index fell 0.3 percent. ** Mainland Chinese markets are shut for the week for the Lunar New Year holiday, while the Hong Kong market traded half day, ahead of three days of public holiday to celebrate the festival. ** China’s services sector maintained a solid pace of expansion in January even though growth moderated slightly, a private survey showed on Sunday. ** U.S. jobs growth surged in January, with employers hiring the most workers in 11 months, pointin
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