Hang Seng Index Rises 0.9%; Alibaba Leads Advance
The Hang Seng Index rose for the second day, climbing 0.9%, or 232.68 to 26,855.56 in Hong Kong. The index advanced to the highest closing level since Sept. 17.
Alibaba Group Holding Ltd. contributed the most to the index gain, increasing 2.1%. WuXi AppTec Co. had the largest increase, rising 8.1%.
Today, 58 of 88 shares rose, while 28 fell; 3 of 4 sectors were higher, led by commerce and industry stocks.
Source: Bloomberg