HONG KONG, April 25 (Reuters) - Hong Kong shares closed at
their highest in a month on Thursday, spurred by recovering
commodity prices and positive quarterly earnings from China
Minsheng Bank, the country's seventh-largest listed lender.
The Hang Seng Index ended up 1 percent at 22,401.2,
its highest close since March 27. The China Enterprises Index
of the top Chinese listings in Hong Kong climbed 1.3
The CSI300 of the leading Shanghai and Shenzhen
A-share listings ended a choppy session down 1.1 percent. The
Shanghai Composite Index shed 0.9 percent.
* China Minsheng Bank shares jumped 4.8 percent
after posting a 20 percent rise in first quarter net profit from
a year earlier. But much of its gain was due to short covering.
Short-selling interest in Minsheng Bank's H-share listing
averaged 26 percent in the first three days of the week, far
above the 9.8 percent average for the broader Hong Kong market.
* Commodities-related stocks were also broadly higher as
gold and copper prices rose to their highest in a week following
a recent plunge. Jiangxi Copper rose 4.4 percent, also
helped by an upgrade by UBS from "hold" to "buy", with analysts
saying its share price now represents an attractive risk-reward
profile after recent weakness.