Hong Kong stocks rise for third day as China’s services PMI beats expectations Zhang Shidong Business – South China Morning Post

Hong Kong stocks rose for a third day on Thursday, putting the benchmark on course for its longest winning streak in four weeks, after a private report on China’s services industry allayed concerns that the economic recovery has stalled.
The Hang Seng Index added 0.9 per cent to 23,880.49 at 10.05am local time. The Hang Seng Tech Index gained 1.5 per cent. On the mainland, the CSI 300 Index and the Shanghai Composite Index both retreated 0.1 per cent.
Alibaba Group Holding gained 2.7 per cent to…Hong Kong stocks rose for a third day on Thursday, putting the benchmark on course for its longest winning streak in four weeks, after a private report on China’s services industry allayed concerns that the economic recovery has stalled.
The Hang Seng Index added 0.9 per cent to 23,880.49 at 10.05am local time. The Hang Seng Tech Index gained 1.5 per cent. On the mainland, the CSI 300 Index and the Shanghai Composite Index both retreated 0.1 per cent.
Alibaba Group Holding gained 2.7 per cent to…  Read More 

​Business – South China Morning Post