The index of Hong Kong rose due to the shares of Galaxy Entertainment, Bank of East Asia – Investing.com Russia

Hong KONG (Reuters) – Stock index of Hong Kong rose more than 1 percent at the end of trading Monday, boosted by shares of gambling companies such as Galaxy Entertainment Group, the largest casino operator in Macau, reporting on exceeded expectations in revenue growth from the gaming industry in September.

the Paper of the Bank of East Asia also contributed to the rise, rising by 3.5 percent amid talk that private equity firm Permira is close to a deal to purchase a division of Tricor belonging to the Bank.

the Index of Hong Kong stock exchange rose 1.2 percent to 23.584,43 points. The index of Chinese companies traded in Hong Kong added 1.1 percent and finished trading at around 9.683,37 points.

According to the results of an official survey published on Saturday, the activity of the Chinese manufacturing sector expanded in September, indicating the possibility of maintaining the current positive dynamics of development in the country.

Today, some investors walked away from trading because markets in China are closed this week in connection with the celebration of the founding of the PRC.

(Anne Marie Roantree and Donny Kwok. Translated Faith Sosenkova)

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