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Hong Kong falls, Shanghai stocks finish higher

[HONG KONG] Hong Kong stocks fell Thursday, even as market heavyweight Tencent rose on surging profits, while Shanghai advanced ahead of results from Chinese e-commerce leviathan Alibaba.

The Hang Seng Index finished down 0.24 per cent, or 64.85 points, at 27,344.22.

The benchmark Shanghai Composite Index rose 0.68 per cent, or 64.85 points, to 3,268.43, while the Shenzhen Composite Index, which tracks stocks on China's second exchange, climbed 0.58 per cent, or 10.99 points, to 1,909.38.

AFP

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