Hong Kong stocks extended their winning streak to a 12th day on Wednesday, aided by strong inflows from mainland China. One-third of the daily quota under the Shanghai-Hong Kong Stock Connect was used up, as Chinese investors continued to buy Hong Kong shares at a steady pace. At the close of trade, the Hang Seng index was up 62.31 points or 0.2 percent at 31,073.72. The Hang Seng China Enterprises index rose 0.27 percent to 12,289.17.

The sub-index of the Hang Seng tracking energy shares rose 1 percent while the IT sector dipped 0.85 percent, the financial sector was 0.57 percent higher and the property sector rose 0.26 percent. The top gainer on Hang Seng was Country Garden Holdings Company Ltd up 6.81 percent, while the biggest loser was Link Real Estate Investment Trust which was down 2.96 percent.

Copyright Reuters, 2018