HK stocks rise, PetroChina and Hutchison up

Wed May 14, 2008 10:11pm EDT
 
[-] Text [+]
 HONG KONG, May 15 (Reuters) - Hong Kong stocks rose on
Thursday, tracking firmer regional markets after U.S. economic
data eased inflation worries, with PetroChina (0857.HK) and
Hutchison (0013.HK) leading the rise.
 The benchmark Hang Seng Index .HSI opened up 0.73 percent
at 25,719.02 points. The China Enterprises Index of Hong
Kong-listed mainland companies .HSCE, or H shares, had risen
1.04 percent to 14,125.62 by 0202 GMT.
 PetroChina was among the top gainers with a 2 percent rise to
HK$11.12. Hutchsion's shares rose 2.79 percent to HK$81.15 after
Citi upgraded the ports-to-telecom conglomerate to buy from hold
on improved earnings prospects.
 (US$1=HK$7.8)
 (Reporting by Donny Kwok; Editing by Anne Marie Roantree)





























 
Join the Reuters Consumer Insight Panel and help us get to know you better

Join the Reuters Consumer Insight Panel and help us get to know you better