Hang Seng China Enterprises Index on the Hong Kong Stock Exchange went up 103.18 points, or 0.82 percent to close the trading at 12,681.44 Friday.

The H-shares index, initiated in August 1994 and readjusted on March 12, 2007, tracks the overall performance of 41 the Chinese mainland state-owned enterprises listed on the Hong Kong Stock Exchange.

Hang Seng China H-Financials Index surged 108.33 points, or 0.77 percent, to close at 14,262.56.

The H-Financials Index, initiated on Nov. 27, 2006, tracks the performance of eight major banks and insurers of the Chinese mainland.

However, Hang Seng China-Affiliated Corporations Index moved up8.31 points, or 0.19 percent to close at 4,279.87.

The index tracks the performance of 31 locally listed companies with a significant equity interest held by entities in the Chinese mainland.

Hang Seng Mainland Composite Index moved up 8.31 points, or 0.19 percent, to close at 4,279.87.

Introduced on Oct. 3, 2001 and readjusted on Sept. 11, 2006,Hang Seng Mainland Composite Index gauges the performance of 103Hong Kong-listed companies with principal places of business in Hong Kong and the Chinese mainland.