Hong Kong Stocks Climb 0.7% in Early Trading

Dow Jones
08/03

This article was automatically generated by Dow Jones using technology from Automated Insights.

Stocks in Hong Kong rose during early trading Monday, as the Hang Seng Index rose 0.7% to 26058.31.

Among local companies with a market cap of at least 40 billion Hong Kong dollars ($5.10 billion), MiniMax Group is the biggest leader this morning, surging 6.8%, and Alibaba Group Holding surged 6.7%. SenseTime Group rounds out the top three movers, as shares gained 4.8%.

Kingboard Laminates is the biggest early laggard, tumbling 9.8%, followed by shares of Z.AI, which tumbled 8.2%. Shares of Momenta Global fell 4.9%.

The U.S. dollar held steady against the Hong Kong dollar at HK$7.84.

Data source: Dow Jones Market Data, FactSet

 

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