Hong Kong: Shares open with big gains
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
[HONG KONG] Hong Kong stocks rallied more than 1 per cent at the open on Friday, with Alibaba leading tech firms up after reporting bumper revenue for its annual Singles Day shopping event in China.
The Hang Seng Index rose 1.09 per cent or 274.84 points to 25,522.83.
The Shanghai Composite Index was flat, ticking up 1.37 points to 3,534.15, while the Shenzhen Composite Index on China's second exchange was also barely moved, inching 0.29 point higher to 2,458.07.
AFP
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Share with us your feedback on BT's products and services
TRENDING NOW
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
Near sell-out launches in March boost developer sales to 1,300 units after four slow months
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Genting Singapore’s Lim Kok Thay receives S$7.5 million pay package for FY2025
