Hang Seng Index Rises 0.9%; Tencent Leads Advance
The Hang Seng Index rose 0.9% at 24,733.45 in Hong Kong. The move was the biggest since rising 1.6% on July 23 and follows the previous session's decrease of 1.1%.
Tencent Holdings Ltd. contributed the most to the index gain, increasing 2.8%. New Oriental Education & Technology Group Inc. had the largest increase, rising 6.5%.
Today, 58 of 85 shares rose, while 25 fell; all sectors were higher, led by commerce and industry stocks.
Source: Bloomberg