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