HONG KONG, June 13 The index of Chinese
companies listed in Hong Kong posted its 5th consecutive weekly
gain on Friday, its longest winning streak since early 2012,
lifted by bank shares.
The Hang Seng Index closed up 0.6 percent at
23,319.17 points, up 1.6 percent this week. The China
Enterprises Index of the leading offshore Chinese
listings in Hong Kong gained 0.8 percent, adding 1.7 percent on
Chinese banks were buoyed by May lending data that beat
expectations, with Industrial and Commercial Bank of China
, China Construction Bank and Agricultural
Bank of China all up more than one percent.
Weichai Power spiked 6.5 percent to close at its
highest since Jan. 2, after the company said late on Thursday it
obtained effective control over German forklift truck maker
China Merchants Holdings International, top gainer
among Hang Seng components, surged 5.2 percent after Moody's
revised its outlook to stable from negative.
(Reporting by Grace Li; Editing by Jacqueline Wong)