Hang Seng Index Rises 0.7%; Led by Finance Sector
The Hang Seng Index rose for the fourth day, climbing 0.7%, or 171 to 25,081.63 in Hong Kong. The index advanced to the highest closing level since July 30.
Today, finance stocks led the market higher, as all sectors gained; 66 of 85 shares rose, while 18 fell.
Alibaba Group Holding Ltd. contributed the most to the index gain, increasing 2.1%. Sands China Ltd. had the largest increase, rising 5.0%.
Source: Bloomberg