People walking past a large stock screen in Shanghai. China’s services sector grew in September, 2021 aiding buying sentiment as mainland markets reopen for trading after the National Day. Photo: EPA-EFE
People walking past a large stock screen in Shanghai. China’s services sector grew in September, 2021 aiding buying sentiment as mainland markets reopen for trading after the National Day. Photo: EPA-EFE

Hong Kong stocks log second winning week on Alibaba, tech rally as China services report aids sentiment

  • Stocks rose on Friday to complete the first back-to-back weekly gain in a month; Alibaba rallied for a third day from record low
  • China’s services sector expanded last month from a slump in August, according to Caixin/Markit PMI index

Topic |   Hang Seng Index
People walking past a large stock screen in Shanghai. China’s services sector grew in September, 2021 aiding buying sentiment as mainland markets reopen for trading after the National Day. Photo: EPA-EFE
People walking past a large stock screen in Shanghai. China’s services sector grew in September, 2021 aiding buying sentiment as mainland markets reopen for trading after the National Day. Photo: EPA-EFE
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