People wearing protective masks ride an escalator near an overpass with an electronic board showing stock information in Shanghai in March 2020. Photo: Reuters
People wearing protective masks ride an escalator near an overpass with an electronic board showing stock information in Shanghai in March 2020. Photo: Reuters

Hong Kong stocks extend best run since January as Alibaba, Cathay Pacific plans fuel advance while China’s markets erase gains

  • Hang Seng Index climbed after China’s stock regulators granted approved Ant Group IPO for listing review in Hong Kong
  • China’s national output, factory production and retail sales data dump signals stronger rebound in world’s second-largest economy

People wearing protective masks ride an escalator near an overpass with an electronic board showing stock information in Shanghai in March 2020. Photo: Reuters
People wearing protective masks ride an escalator near an overpass with an electronic board showing stock information in Shanghai in March 2020. Photo: Reuters
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