Hong Kong: Up on bargain hunting
STOCKS climbed 0.89 per cent on bargain hunting despite worries about the United States budget stand-off.
The benchmark Hang Seng Index added 204.90 points to 23,178.85 on turnover of HK$56.71 billion.
Shares of struggling retailer Esprit closed at a six-week high, after hedge fund Tiger Global revealed it raised its long position in the company last month to 5.09 per cent, Dow Jones Newswires reported.
Meanwhile, Property developer Country Garden rose eight per cent to close at HK$5.55. Agencies