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1000 points advance best in HK for 2011

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advance6 December 1, 2011 (Chinavestor) Investors were hungry for some good news in Hong Kong for months. They got what they needed on Wednesday when central banks globally pumped liquidity into cash trapped markets. The Hang Seng Index (INDEXHANGSENG:.HSI) jumped over 1040 points at the open and shed some of it be the close. Still, the 1012.6 points advance is the best in 2011!

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Despite the record jump, the Hang Seng Index (INDEXHANGSENG:.HSI) remains still in the red for 2011. The index is off 17.5% for 2011, more than the Shanghai Composite Index (SHA:000001) or other regional benchmarks.

 



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