THE Hang Seng index climbed more than 100 points to break into new territory for the ninth time in 10 trading days.
Foreign money catapulted the index up 119 points to 8,412.4 on healthy turnover of $5.78 billion.
Since the start of the current bull run on September 30 the index has climbed 11.4 per cent, adding some $228 billion to stock market capitalisation.
DBS Securities research director Percy Au-young said: ''This market is crazy. We have strong turnover so I can see it going up some more, but eventually we will see some kind of correction.'' Foreign buying was triggered by a positive report from Morgan Stanley global strategist Barton Biggs. He reported on September 29 and the market has gone up ever since, despite growing Sino-British tension and domestic concern at the lack of progress between the two parties in talks.