Hong Kong shares end higher as China trade data lifts sentiment [Reuters]
PetroChina Company Limited (PTR)
US:NYSE Investor Relations:
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Company Research
Source: Reuters
Hong Kong shares end higher as China trade data lifts sentiment * Hang Seng index ends up 0.56% * China Enterprises index HSCE rises 0.37% * HSI financial sector sub-index is 0.6% higher; property sector up 1.1% April 14 (Reuters) - Hong Kong shares closed higher on Tuesday after China reported smaller-than-expected contractions in imports and exports in March, and as fears over the global spread of the new coronavirus eased. ** The Hang Seng index ended up 135.07 points or 0.56% at 24,435.40. The Hang Seng China Enterprises index rose 0.37% to 9,847.47. ** The sub-index of the Hang Seng tracking energy shares dipped 1.1%, while the IT sector rose 1.12%, the financial sector ended 0.6% higher and the property sector rose 1.05%. ** China’s exports fell 6.6% in March from a year earlier, while imports shrank 0.9%, a better-than-expected outcome as factories restarted production, though the global coronavirus health crisis looks set to keep trade under pressure over coming months. ** The
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