Market Review

Mainland markets lifted shares in Hong Kong to their best close in two-months, with the benchmark Hang Seng index ending the day 0.1 % higher at 20,839.91. The HSCEI conversely fell 0.3% to 11,875.0 points. Shares of Hang Lung Properties (101 HK) rose 1.7 % to HK$33.45 ahead of the company's results, the first from a major developer, expected midday on Wednesday. Hang Lung shares are the best performing in the sector this year, up over 8 %. Weakness in some of the previous week's top gainers such as China Merchants Holdings (144 HK), which fell 2.4 % to HK$28.15, was offset by a 6 % gain in the Hang Seng Index's worst performer of the year, cellphone maker Foxconn Holdings(2038 HK).