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Hong Kong: Shares rally into the weekend

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Published Fri, May 27, 2022 · 04:29 PM
    • HONG KONG stocks finished on Friday (May 27) on a strong note, tracking a rally on Wall Street, fuelled by a surge in tech giants following forecast-beating earnings from Alibaba and Baidu.
    • HONG KONG stocks finished on Friday (May 27) on a strong note, tracking a rally on Wall Street, fuelled by a surge in tech giants following forecast-beating earnings from Alibaba and Baidu. PHOTO: BLOOMBERG

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    HONG KONG stocks finished on Friday (May 27) on a strong note, tracking a rally on Wall Street, fuelled by a surge in tech giants following forecast-beating earnings from Alibaba and Baidu.

    The Hang Seng Index rose 2.89 per cent, or 581.16 points, to 20,697.36.

    The Shanghai Composite Index edged up 0.23 per cent, or 7.13 points, to 3,130.24, while the Shenzhen Composite Index on China's second exchange was flat, inching down 0.10 points to 1,955.03. AFP

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