Hang Seng Index Rises 0.3%; Alibaba Leads Advance
The Hang Seng Index rose for the third day, climbing 0.3%, or 63.75 to 24,203.32 in Hong Kong. The index advanced to the highest closing level since July 2.
Alibaba Group Holding Ltd. contributed the most to the index gain, increasing 1.0%. China Shenhua Energy Co. had the largest increase, rising 5.2%.
Today, 53 of 85 shares rose, while 27 fell; 2 of 4 sectors were higher, led by commerce and industry stocks.
Source: Bloomberg