Hang Seng up 0.29% at 17,769 points (Il Sole 24 Ore Radiocor) - Hong Kong, 02 Jul - Hong Kong shares closed higher amid mixed Asian markets, rebounding from their lowest levels in two months. The city's stocks rose in catch-up trade after a holiday on Monday.

The Hang Seng index closed up 0.29% at 17,769 points after posting in June its first monthly loss since January.

Today in the city's stock market dealings property shares rallied after an industry report showed stronger than expected home sales figures, with yearly sales declines for major Chinese property developers continuing to narrow in June.

The figures revived hopes that efforts to revive China's property market - including a major government package of support measures launched in mid-May - were working.

The Hang Seng Mainland Properties index jumped 2.00%.

In Hong Kong stock market dealings technology stocks slid, with the Hang Seng Tech Index down 0.43%.

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(RADIOCOR) 02-07-24 11:50:50 (0326) 5 NNNN