At closing bell, the benchmark Hang Seng Index rose 0.88%, or 255.15 points, to 29,166.01. The Hang Seng China Enterprises Index added 0.58%, or 62.95 points, to 10,855.58.
The sub-index of the Hang Seng tracking the utilities sector added 0.19% and commerce & industry sector added 0.07%, while the finance sector fell 0.51% and the properties sector fell 0.13%.
Shares of Tencent Holdings was the worst performing blue chips in Hong Kong, falling 2% to HK$605.50, amid concerns that mainland Chinese regulators were ramping up a crackdown on fintech companies.
Shares of Xiaomi added 3.2% to HK$29.05, after smartphone maker first-quarter net profit grew 260.6% on the back of increased sales worldwide.
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
