Chinese markets charged into the new year with Hong Kong-listed China equities rallying 3 per cent on the first day of trading in 2018.
The Hang Seng China Enterprises index, a much-followed benchmark tracking large-cap Chinese stocks trading in Hong Kong, rose 3.1 per cent to its highest level since July 2015, fuelled by gains in the property, materials and consumer discretionary sectors.
Leading the charge was real estate developer China Vanke, up 9.5 per cent, then Anhui Conch Cement, 9 per cent, followed by Great Wall Motor, 7.3 per cent.
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