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HK stocks begin 2011 higher as holiday sales cheer

Published 01/03/2011, 03:10 AM
Updated 01/03/2011, 03:12 AM

HONG KONG, Jan 3 (Reuters) - Hong Kong stocks kicked off 2011 with a firm start as strong holiday sales provided a lift for mall operators and retailers, while energy stocks extended recent gains on the back of steady oil prices.

Hong Kong's benchmark Hang Seng Index <.HSI> rose for a fourth successive session, up 1.74 percent to 23,436.05. The China Enterprises Index <.HSCE> rose 1.52 percent. (Reporting by Vikram Subhedar; Editing by Chris Lewis) (vikram.subhedar@thomsonreuters.com; +852 2843 6975; Reuters Messaging: vikram.subhedar.reuters.com@reuters.net))

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