Hong Kong stocks hover

| Updated: October 25, 2017 04:25:51

File Photo (Reuters) File Photo (Reuters)

Hong Kong stocks hovered near the highest level in nearly 10 years on Thursday, as Asia stocks hit their highest in a decade on the back of global equity bull run.

The stocks were bolstered by strength in world equity markets which took heart from signs of global economic recovery.

The Hang Seng index added 0.3 per cent to hit 28,464.71 points, while the Hong Kong China Enterprises Index gained 0.8 per cent to reach 11,501.05.

Financial and property shares rose but energy stocks sagged, reports Reuters.

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