ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Equities

Hong Kong stock market climbs to three-week high

CLP Holdings gains after profit rise; Chinese automakers spurred by deals

HONG KONG (Nikkei Markets) -- Hong Kong shares rose to a three-week high on Monday, aided by some earnings and deal-related news against the backdrop of positive global cues.

The Hang Seng Index rose 0.7% to 31,498.60, its highest close since Feb. 5. The index is still down more than 4.2% this month. CLP Holdings gained 1.9% after it posted higher annual profit on improved performance at its Australian and Indian businesses during the market's midday break. The power-utility company also increased its annual dividend.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more