Hong Kong shares edge up
Monday, 13 October 2014
Hong Kong shares erased morning losses on Monday due to strength in blue-chip stocks led by China Mobile, which rose after signing a business deal with Deutche Telekom. The Hang Seng Index ended up 0.2 per cent at 23,143.38 points. The China Enterprises Index of the leading offshore Chinese listings in Hong Kong fell 0.2 per cent. China Mobile gained 1.8 per cent, following a agreement it signed with Deutsche Telekom on Friday to create a platform for so-called connected cars in China. Analysts said ongoing pro-democracy protests in Hong Kong did not impact share-trading in the city on Monday, according to Reuters.