Hong Kong key index rises
Tuesday, 13 January 2015
HONG KONG, Jan 12(Reuters): Hong Kong's key share index edged up on Monday, lifted by the business restructuring plan announced late on last Friday by Li Ka-shing, Asia's richest man.
Li plans to split his conglomerate into his two largest listed companies, one focusing on property and the other on telecoms, retail and energy.
Chinese investment flowing from Shanghai into Hong Kong through the mutual market access pilot programme took up 0.87 billion yuan ($140.28 million) of the 10.5 billion yuan daily quota.
Total trading volume of companies included in the HSI index was 1.4 billion shares.