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Hong Kong: Shares extend gains at open

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Published Fri, Aug 5, 2022 · 09:56 AM
    • The Hang Seng Index added 0.54 per cent, or 109.55 points, to 20,383.59.
    • The Hang Seng Index added 0.54 per cent, or 109.55 points, to 20,383.59. PHOTO: BLOOMBERG

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    HONG KONG stocks extended gains into a third day Friday (Aug 5), helped by a forecast-beating earnings report from e-commerce titan Alibaba, though traders are keeping a cautious eye on China's military drills around Taiwan.

    The Hang Seng Index added 0.54 per cent, or 109.55 points, to 20,383.59.

    The Shanghai Composite Index edged up 0.19 per cent, or 6.19 points, to 3,195.23, while the Shenzhen Composite Index on China's second exchange rose 0.28 per cent, or 5.92 points, to 2,141.25. AFP

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