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SEP 04, 2013 - MarketWatch

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Hong Kong shares rise as China Mobile climbs

LOS ANGELES (MarketWatch) -- Hong Kong equities advanced early Thursday, paced by gains in market heavyweight China Mobile Ltd. The Hang Seng Index moved higher by 220 points, or 1%, to 22,547, and the Hang Seng China Enterprises Index rose 1% to 10,336.96. Shares of China Mobile Ltd. traded up 1.4% as an Apple Inc. event set for next week in Beijing raised expectations the wireless carrier will start selling the iPhone. Also higher were airline stocks following a report by The Wall Street Journal that China is considering deregulation of the aviation market. Air China Ltd. shares ... Read More

Tags: Hong Kong shares rise as China Mobile climbs,  Apple Inc. Latest News