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Hong Kong: Stocks start with gains

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Published Tue, Jul 26, 2022 · 09:53 AM
    • The Hang Seng Index rose 0.55 per cent, or 113.74 points, to 20,676.88.
    • The Hang Seng Index rose 0.55 per cent, or 113.74 points, to 20,676.88. PHOTO: BLOOMBERG

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    HONG KONG stocks opened higher on Tuesday (Jul 26), with market heavyweight Alibaba boosted by news it will seek a primary listing in the city, which would allow it to be traded by mainland investors.

    The Hang Seng Index rose 0.55 per cent, or 113.74 points, to 20,676.88.

    The Shanghai Composite Index added 0.12 per cent, or 3.80 points, to 3,254.19, while the Shenzhen Composite Index on China's second exchange edged up 0.08 per cent, or 1.70 points, to 2,167.06. AFP

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