Hong Kong shares close at seven-year high on hopes of fresh inflows

April 10, 2015 8:25 AM

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Hong Kong shares close at seven-year high on hopes of fresh inflows

(Reuters) - Hong Kong stocks closed on Friday at a seven-year high, posting their biggest weekly gain in more than three years, as the city's bourse expects investment quotas for mainland investors to rise by over 30 percent to accommodate heavy capital inflows.

The Hang Seng index .HSI rose 1.2 percent, to 27,272.39, bringing the week's gain to 7.9 percent.

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