HONG KONG (Nikkei Markets) -- Insurers pushed a gauge of Chinese companies in Hong Kong to its highest level since July 2015 on Wednesday, while investors looked to Beijing for developments at the Communist Party Congress.
The Hang Seng China Enterprises Index of 40 large mainland companies listed in Hong Kong climbed 0.5% to 11,621.95, with insurers taking six spots among the top eight percentage gainers. New China Life Insurance jumped 4.5%, China Pacific Insurance Group increased 3.4%, China Life Insurance added 2.3% and Ping An Insurance Group advanced 1.9%. All four companies will report quarterly earnings next week.