Hong Kong stocks close 1.23 pct higher

HONG KONG, June 20 (Xinhua) -- Hong Kong stocks closed up 348.29 points, or 1.23 percent, to 28,550.43 points on Thursday.

The benchmark Hang Seng Index traded between 28,258.02 and 28,563.08. Turnover totaled 97.76 billion Hong Kong dollars (about 12.52 billion U.S. dollars).