Hang Seng soars past 23,000 on fiscal cliff deal news
(01-02 16:20)
Hong Kong shares closed 2.89 percent higher on the first trading day of 2013 on Wednesday as investors cheered about the US Congress approving a deal to avert the "fiscal cliff'' of tax rises and spending cuts.
The benchmark Hang Seng Index rose 655.06 points to 23,311.98 -- a 19-month high --on turnover of HK$82.44 billion, AFP reports.
The China Enterprises Index, which tracks H shares of mainland firms listed in Hong Kong, closed 4 percent higher at 11,897.66, marking the biggest daily gain in a year.
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