Hang Seng Index Rises 1.7%
The Hang Seng Index rose for the fifth day, climbing 1.7%, or 341.75 to 19,925.81 in Hong Kong. The index advanced to the highest closing level since Dec. 31.
Alibaba Group Holding Ltd. contributed the most to the index gain, increasing 4.7%. JD.com Inc. had the largest increase, rising 7.3%.
Today, 60 of 83 shares rose, while 21 fell; all sectors were higher, led by commerce and industry stocks.
Source: Bloomberg