Hong Kong stocks close higher

Business & Finance
29 Mar 2023 • 4:41 PM MYT
Malay Mail
Malay Mail

Latest Malaysia breaking stories on politics, analysis and opinions

image is not available

HONG KONG, March 29 — Hong Kong stocks closed higher today, led by massive gains for Chinese tech behemoth Alibaba after it announced it would split into six groups.

The Hang Seng Index rose 2.06 per cent, or 407.75 points, to close at 20,192.40.

The Shanghai Composite Index shed 0.16 per cent, or 5.32 points, to 3,240.06, and the Shenzhen Composite Index on China's second exchange dropped 0.05 per cent, or 0.99 points, to 2,103.37. — AFP