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Hong Kong shares end flat; H-shares up on stimulus hopes [Reuters (UK)]

CHINA UNICOM (CHU) 
Company Research Source: Reuters
Hong Kong shares end flat; H-shares up on stimulus hopes | Reuters 3 Min Read * Hang Seng index ends flat at 27,008.20 * China Enterprises index HSCE rises 0.17 percent * HSI financial sector sub-index flat; property sector up 0.8 percent Jan 23 (Reuters) - Hong Kong’s main Hang Seng index ended flat on Wednesday, while the China H-shares index rose, as optimism over stimulus measures to boost economic growth in China offset concerns about the tepid outlook for trade and global economy. ** At the close of trade, the Hang Seng index was up 2.75 points or 0.01 percent at 27,008.20 points. The Hang Seng China Enterprises index rose 0.17 percent to 10,631.03. ** China will step up fiscal spending this year to support its economy, focusing on further cuts in taxes and fees for small firms, finance ministry officials said on Wednesday. ** The Trump administration has rejected an offer from China for preparatory trade talks this week ahead of high-level negotiations scheduled for next week, Show less Read more
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