At closing bell, the benchmark Hang Seng Index advanced 0.22%, or 54.66 points, to 24,740.16. The Hang Seng China Enterprises Index rose 0.17%, or 14.90 points, to 8,809.72.
Shares of technology and private education advanced on bottom fishing, with Haidilao International Holding and Alibaba Group Holding rising at least 2.7%. Tencent added 1.2% and Meituan gained 0.3%
Kaisa Group Holding, the troubled Chinese property developer, surged 14% as the stock resumed trading after being suspended for almost three weeks. It agreed to sell its stake in a development in the city and asked bondholders to exchanges notes maturing next month to avert a default.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
