Market Review

Hong Kong shares closed at a one-month high on Friday, their fourth straight session of gains, as upbeat US earnings helped boost sentiment in the territory’s stock market. The  HSI closed up 1.1 %, at 20,815.33, its strongest close since June 23. The HSCEI rose 1.37 % to 11,915.58. Index heavyweight and Europe’s biggest bank HSBC (5 HK) finished up 1.3 % to HK$76.90. Skyworth(751 HK) rose over 5.9% to HK$5.53 on the stronger-than-expected TV sales in Jun.  ABC(1288 HK) reached the highest level after IPO at HK$3.48, up 5.45%