Hang Seng Index Rises 1.2%; Alibaba Leads Advance
The Hang Seng Index opened 1.2% higher at 20,011.34 in Hong Kong.
Alibaba Group Holding Ltd. contributed the most to the index gain, increasing 2.4%. China Life Insurance Co. had the largest increase, rising 5.7%.
In early trading, 69 of 83 shares rose, while 8 fell; all sectors were higher, led by commerce and industry stocks.
Source : Bloomberg