Hong Kong stocks rise on resource, consumer shares

[admin]

Hong Kong stocks rise on resource, consumer shares
from MarketWatch.com - MarketPulse
HONG KONG (MarketWatch) -- Hong Kong stocks advanced Tuesday after Eurogroup finance ministers agreed on providing the next tranche of financial aid to Greece, with the resource and consumer sectors among the gainers. The Hang Seng Index rose 0.6% to 21,999.14 and the Hang Seng China Enterprises Index rose 0.7% to 10,645.20. Among the notable gainers, Aluminum Corp. of China Ltd. rose 1.8%, PetroChina Co. added 1.2%, casino operator Sands China Ltd. jumped 3.2% and foods maker Want Want China Holdings Ltd. climbed 2%. Li & Fung Ltd. dropped on concern about losses after a major fire at a Bangladesh facility, while China Rongsheng Heavy Industries Group lost 3.3% after the shipbuilder's chairman stepped down. China's Shanghai Composite dropped 0.3% to 2,011.79.