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HSBC lifts HK blue chips, resource plays jump

Tue Feb 26, 2008 9:05pm EST
 
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 (Updates to open)
 HONG KONG, Feb 27 (Reuters) - Hong Kong stocks rose across
the board on Wednesday, boosted by advancing global equities, as
heavyweight HSBC Holdings plc (0005.HK: Quote, Profile, Research, Stock Buzz) furthered its gains after
upbeat results by Asia-focused bank Standard Chartered (2888.HK: Quote, Profile, Research, Stock Buzz).
 Oil plays and other resource shares also shot up amid a
strong rally in commodities, pushing the China Enterprises Index
of Hong Kong-listed mainland companies .HSCE, or H shares, up
2.2 percent by 0202 GMT.
 The benchmark Hang Seng Index .HSI opened up 1.9 percent at
24,161.19.
 (Reporting by Rita Chang; Editing by Anne Marie Roantree)





























 

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