Hong Kong stocks jump as yuan hits 4-month high, Baidu to aid earnings outlook
scmp.com/business/china-business/article/3242259/hong-kong-stocks-extend-gain-chinas-pboc-pushes-yuan-4-month-high-while-baidu-set-strengthen
The Hang Seng Index rose 0.9 per cent to 17,933.27 as of 10.55am, while the Tech Index gained 0.8 per cent and the Shanghai Composite Index added 0.3 per cent.
Alibaba Group advanced 3.9 per cent to HK$77.30 and Tencent climbed 1.8 per cent to HK$332.60. Baidu jumped 5.5 per cent to HK$110.20, with analysts forecasting its earnings report today that may show a 6.6 per cent…
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