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China Mobile rings up record for HK shares

(Reuters)
Updated: 2007-06-18 17:14

HONG KONG - Hong Kong blue chips and Hong Kong-listed China plays struck record closing highs on Monday, tracking strong regional markets, and with heavyweight China Mobile scaling an all-time peak.

China Mobile -- the world's largest cellular carrier -- soared 6 percent to a record high of HK$80.40 on news it is planning a multibillion-dollar share sale in Shanghai as early as next month to attract domestic investors, sources familiar with the situation said on Monday.

The benchmark Hang Seng Index rose 2.69 percent to end at a record close of 21,582.89.

The China Enterprises Index of mainland-registered companies listed in Hong Kong ended up 3.69 percent at 11,866.71.



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