Wednesday, April 1, 2015   

Casinos, tech companies big winners in positive run for Hang Seng
(12-31 12:21)

Stocks in Hong Kong closed 0.26 percent higher, finishing a mixed year on a bright note following another record close for the Dow on Wall Street.
The benchmark Hang Seng Index ended 61.52 points higher at 23,306.39 on turnover of HK$30.62 billion.
The index finished the year 2.87 percent up from its 2012 close.
For the year, the biggest winners for the year were casino stocks and China tech companies. Galaxy Entertainment soared 127 percent while Sands China was up 84 percent to become the third-best performer.
Internet firm Tencent nearly doubled to sit near the HK$500 level.
Among the big losers was China Coal Energy, which lost 48 percent, while China Shenhua Energy and Hong Kong merchandiser Li & Fung each lost about a third of their value.—AFP
   
Other Business breaking news:
Macau casinos count 10th month of falling revenue (7 mins ago)
Posco shares dumped on sale news (38 mins ago)
European equities fall (40 mins ago)
Euro climbs, greenback eases in Asia (1 hr 30 mins ago)
Nikkei negative at close (1 hr 32 mins ago)
Malaysia sales tax triggers anger (1 hr 33 mins ago)
Electric BMWs appear on Amazon Japan (1 hr 35 mins ago)
Vietnamese at Taiwan factory halt work over social insurance policy (2 hrs 37 mins ago)
S&P 500 notches up nine-quarter win streak (04-01 12:50)
Google lets you play Pac-man on Maps (04-01 12:20)

More breaking news >>

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