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14 July 2005 09:52  Hong Kong shares end morning higher led by properties


Share prices ended the morning session higher led by property and banking stocks on expectations that major companies in those sectors will report strong results for the six months to June, dealers said. The property sector was also boosted by Morgan Stanley's upward revision of its target price on Cheung Kong. The Hang Seng Index ended the morning up 122.72 points or 0.86 pct at 14,430.02, off a low of 14,389.37 and high of 14,475.89. The Hang Seng China Enterprises Index was down 21.32 points or 0.43 pct at 4,892.76.
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