Hong Kong stocks ended 2014 on a high by adding 0.44 per cent, helping the Hang Seng Index to eke out a small gain for the year.
The index rose 103.94 points to 23,605.04. It has risen 1.28 per cent in the past 12 months.
The market endured a turbulent year, going from a 9 per cent year-to-date loss in March before swinging to a 9 per cent gain by September.
The gains were massively overshadowed by Shanghai, which surged almost 53 per cent over the year, as a series of weak economic data boosted hopes of monetary easing measures by the government. The rally took off in November, when the People's Bank of China unveiled a surprise interest rate cut.
A much-hyped link-up between the Hong Kong and Shanghai exchanges failed to garner the support that had been hoped for from either side.
There was also an initial tumble in response to Hong Kong's pro-democracy Occupy protests. But investors soon brushed those off.