Hang Seng China Enterprises Index on Hong Kong Stock Exchange soared 479.75 points, or 3.06 percent, to close the day's trading at 16,139.46 Wednesday.

 

The H-shares index, initiated in August 1994 and readjusted on Sept. 10, 2007, tracks the overall performance of 43 Chinese mainland state-owned enterprises listed on the Hong Kong Stock Exchange.

 

Hang Seng China H-Financials Index surged 548.05 points, or 3.19 percent, to close at 17,731.98.

 

The H-Financials Index, initiated on Nov. 27, 2006, readjusted on Sept. 10, 2007, tracks the performance of nine major banks and insurers of the Chinese mainland.

 

Hang Seng China-Affiliated Corporations Index rose 112.22 points, or 1.89 percent, to close at 6,055.55.

 

The index tracks the performance of 31 locally listed companies with a significant equity interest held by entities in the Chinese mainland.

 

Hang Seng Mainland Composite Index advanced 124.97 points, or 2.49 percent, to close at 5,146.94.

 

Introduced on Oct. 3, 2001 and readjusted on Sept. 11, 2006, Hang Seng Mainland Composite Index gauges the performance of 103 Hong Kong-listed companies with principal places of business in Hong Kong and the Chinese mainland.

 

(Xinhua News Agency January 10, 2008)