HK stocks end 0.5 pct higher as yuan talk swirls

Newswire

(Adds Monday close, comment, detail) By Tara Joseph HONG KONG, Jan 31 (Reuters) - Hong Kong stocks rose half a percent on Monday with China plays such as port operator Cosco Pacific gaining ground on persistent talk of a yuan revaluation and as bargain hunters stepped in after a weak start to the year. "There is considerable interest in red chips, which are seen as beneficiaries from a revaluation of the renminbi," said Louis Wong, research director at Phillip Securities. Officials ...

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