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Hang Seng China Enterprises Index

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SCMP Reporter

China stocks showed resilience yesterday, ending higher as most of the market fell.

The Hang Seng China Enterprises Index was up 5.48 points at 984, a gain of 0.56 per cent, its first rise in five days.

DBS Securities research director Percy Au-young said: 'China plays began to correct before the rest of the market, so the opinion is that they have fallen enough.' Of the 33 Hang Seng Index constituents, only Citic Pacific managed to gain, rising 0.5 per cent to $38.40.

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China Resources rose 1.28 per cent. Guangnan jumped 4.79 per cent and Guangshen Railway added 5.04 per cent.

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