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Stock Exchange: Hong Kong, opening leap to +2.73% with Alibaba

2023-03-29T02:25:01.407Z


The Hong Kong Stock Exchange leaps to the opening in the wake of the euphoria triggered on technology stocks by the maxi restructuring plan of Alibaba (+13.5%), a group founded by Jack Ma that has started dividing its activities into six different business units that can be listed: ... (ANSA)


(ANSA) - BEIJING, MARCH 29 - The Hong Kong Stock Exchange leaps to open in the wake of the euphoria triggered on technology stocks by the maxi restructuring plan of Alibaba (+13.5%), a group founded by Jack Ma set to divide its assets into six different listed business units: the Hang Seng index rose by 2.73%, to 20,324.00 points.


    On the shields are the technology stocks: Tencent rises by 3%, while JD.com - Alibaba's rival - gains 5%.

Baidu also did well, up more than 3%.

The Hang Seng Tech index, confirming the good trend of the sector, recorded a progress of 3.3%.

(HANDLE).


Source: ansa

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