HONG KONG, Oct 2 (Reuters) - Hong Kong shares reversed course to end 1.3 percent higher on Thursday, helped by a sharp rally in Ping An Insurance after newly-nationalised Fortis scrapped a 2.15 billion euro asset management deal with the Chinese insurer.
The benchmark Hang Seng Index .HSI unofficially closed up 238.41 points at 18,254.62 after an earlier 2.1 percent fall to a session low of 17,631.70 points.
The China Enterprises Index .HSCE of top locally listed mainland Chinese firms jumped 3 percent.
(US$1=HK$7.8)
Thursday, October 2, 2008
HK shares end up 1.3 pct as Ping An soars
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