Hong Kong shares rise 0.5pc in weak volume, helped by AIA

PUBLISHED : Tuesday, 09 July, 2013, 2:06pm
UPDATED : Tuesday, 09 July, 2013, 4:17pm

Hong Kong shares produced modest gains in quiet Tuesday trade, as strength in Asia insurance giant AIA Group offset weakness among Chinese coal and Macau gambling stocks.

The Hang Seng Index ended up 0.5 per cent at 20,683 points. The China Enterprises Index of the top Chinese listings in Hong Kong slipped 0.1 per cent.

Data showing China’s annual consumer inflation was higher than expected in June and factory-gate deflation persisted for a 16th month did not move markets significantly.

Beijing is due to release monthly trade data on Wednesday, with money supply and loan growth due by July 15.