HSI Climbs 135 Pts; SWIRE PACIFIC A Rallies 17%; Developers Up

At close, $Hang Seng Index(800000.HK)$ gained 135 pts or 0.83% to 16,463; $Hang Seng China Enterprises Index(800100.HK)$ rose 54 pts or 1% to 5,663; and $Hang Seng TECH Index(800700.HK)$ added 64 pts or 1.8% to 3,747. The total market turnover for the day was $98.864 billion.

$SWIRE PACIFIC A(00019.HK)$ rocketed 17.2% after Swire proposed to buy back up to $6 billion of its shares over the next two years. Local property developer $HENDERSON LAND(00012.HK)$ rallied 3.1%. $NEW WORLD DEV(00017.HK)$ , $SWIREPROPERTIES(01972.HK)$ and $WHARF REIC(01997.HK)$ leaped 4%-4.2%.