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Hong Kong Stocks Rallied Gaining 1.24%

The market kept its upwards trend in the afternoon session before advancing...

Hong Kong Stocks Rallied Gaining 1.24%

Hong Kong stocks extended the gains on Thursday, further consolidating the market's upwards momentum after the upsurge on Wednesday.

The blue-chip Hang Seng Index moved up 75.12 points, or 0.31 percent, to open at 23,947.55 and widened its gains by 297.06 points, or 1.24 percent, to close Thursday's morning session at 24,169.49.

The market kept its upwards trend in the afternoon session before advancing 392.2 points, or 1.64 percent, to close at 24,264. 63.

Turnover fell to 91.5 billion HK dollars (11.73 billion U.S. dollars) from Wednesday's 114.68 billion HK dollars (14.7 billion U.S. dollars), Xinhua agency reported.

China's banking and insurance stocks listed in Hong Kong all rose.

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