Hang Seng Index Rises 0.8%; Alibaba Leads Advance
The Hang Seng Index opened 0.8% higher, climbing 146.05 to 18,159.21, as stocks gain for the sixth straight day in Hong Kong.
Alibaba Group Holding Ltd. contributed the most to the index gain, increasing 1.7%. CSPC Pharmaceutical Group Ltd. had the largest increase, rising 7.5%.
In early trading, 56 of 82 shares rose, while 22 fell; 3 of 4 sectors were higher, led by commerce and industry stocks