Tencent shares rose 2.9 per cent to end at HK$406.20, the first time they have closed above HK$400 in three weeks, as investors chased the stock amid expectations it could post strong quarterly earnings growth next week. Photo: AP

Tencent propels Hong Kong stocks higher for third straight day

Hang Seng Index ends up 0.9 per cent, or 273.08 points, at 30,809.22

Topic |   Stocks

TOP PICKS

Tencent shares rose 2.9 per cent to end at HK$406.20, the first time they have closed above HK$400 in three weeks, as investors chased the stock amid expectations it could post strong quarterly earnings growth next week. Photo: AP
READ FULL ARTICLE
Laura He

Laura He

Before joining the Post, Laura worked for MarketWatch and The Wall Street Journal Digital Network in San Francisco and Hong Kong. She has also worked for Forbes in San Francisco and had stints at Xinhua News Agency as economics editor, anchor and financial correspondent in both Beijing and Hong Kong. She has an MA degree in digital journalism from Stanford University and passed CFA exams.

Karen Yeung

Karen Yeung

Karen Yeung joined the Post in 2017 after more than 15 years' experience on global newswires in Hong Kong and Shanghai. She spent eight years in Shanghai and has received awards for best feature, analysis and agenda-setting.