Hong Kong stocks close 0.27 pct higher

HONG KONG, Jan. 16 (Xinhua) -- Hong Kong stocks closed up 71.81 points, or 0.27 percent, to 26,902.1 points on Wednesday.

The benchmark Hang Seng Index traded between 26,567.52 and 26,903.78. Turnover totaled 87.47 billion Hong Kong dollars (about 11.16 billion U.S. dollars).