Hong Kong stocks rally on Alibaba earnings - RTHK
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Hong Kong stocks rally on Alibaba earnings

2022-08-05 HKT 11:36
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  • The Hang Seng Index rose by more than half a percentage point in early trading. Photo: RTHK
    The Hang Seng Index rose by more than half a percentage point in early trading. Photo: RTHK
Hong Kong stocks extended gains into a third day on Friday, helped by a forecast-beating earnings report from e-commerce titan Alibaba.

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

The Shanghai Composite Index edged up 0.19 percent, or 6.19 points, to 3,195.23, while the Shenzhen Composite Index rose 0.28 percent, or 5.92 points, to 2,141.25. (AFP)

Hong Kong stocks rally on Alibaba earnings