HK shares snap 5 days of losses

HONG KONG, Dec 18 (Reuters): Hong Kong shares finished up on Thursday, snapping five consecutive days of losses, underpinned by a rally on Wall Street.
Analysts said the Federal Reserve's confidence in the US economy and pledge to adopt a "patient" approach to raising interest rates helped Hong Kong shares rebound.
The Hang Seng index rose 1.1 per cent, to 22,832.21 points, while the China Enterprises Index gained 0.5 per cent, to 11,330.73 points.
Among the most actively traded stocks on Hong Kong's main board were CCT Land Holdings Ltd, up 11.8 per cent at HK$0.02, North Mining Shares Co Ltd, up 1.4 per cent at HK$0.36 and Bank Of China, unchanged at HK$4.14.
Chinese investment flowing from Shanghai into Hong Kong through the mutual market access pilot programme took up 0.4 billion yuan ($64.39 million) of the 10.5 billion yuan daily quota.