From Google: 2025-02-17 21:50:36

Hong Kong stocks rise as Beijing’s backing boosts confidence in tech sector, leading to bets on a tech rally. This comes after the Hang Seng Tech Index gained 2.6% and Tencent Holdings and Alibaba Group Holding surged 3.1% and 4.1% respectively. Investors are optimistic about ongoing support from the Chinese government.
Investors in Hong Kong are confident in tech stocks as Beijing’s support drives the sector higher. The Hang Seng Tech Index saw a 2.6% increase, with Tencent Holdings and Alibaba Group Holding rising 3.1% and 4.1% respectively. This surge comes as the Chinese government continues to provide backing for the technology industry.



Read more at Google: Hong Kong stocks advance as Beijing’s support spurs bets on tech rally – South China Morning Post