HK market closes up 92pts; capitals still flow to state-owned

Hang Seng index recovered from shedding in the morning session and closed at 13386pts. Cheung Kong (0001) and HSBC Holdings (0005) closed at HK$87 and HK$99. State-owned sector was showered favor ahead of long Labour holiday, among which Mainland airlines took the lead with growth ranging from 5% to 10%. Power and Petroleum & Chemical stocks sustained rising. 

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