Money - International
Hong Kong stocks rally, Ma appearance boosts Alibaba
A woman wearing a face mask walks past a stocks display board outside Exchange Square in Hong Kong July 16, 2020, as the city experiences another spike in coronavirus cases. u00e2u20acu201d AFP pic

HONG KONG, Jan 20 — Hong Kong stocks continued their healthy advances today as market heavyweight Alibaba soared on the back of founder Jack Ma’s first public appearance in more than two months.

The Hang Seng Index rose 1.08 per cent, or 320.19 points, to 29,962.47.

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The benchmark Shanghai Composite Index added 0.47 per cent, or 16.71 points, to 3,583.09, while the Shenzhen Composite Index on China’s second exchange climbed 1.43 per cent, or 33.90 points, to 2,412.56. — AFP

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