Hong Kong’s Hang Seng is up about 3%; Alibaba shares are soaring after earnings report
SINGAPORE – Asia-Pacific equities boosted trading on Friday, with investors monitoring Alibaba shares in Hong Kong after Chinese technology giant posted better-than-expected fourth-quarter gains on Thursday. On Friday afternoon in Hong Kong, Alibaba shares listed in the city rose 12.45% after Thursday reported fourth-quarter earnings of 7.95 yuan ($ 1.18) per share , excluding items, …
Hong Kong’s Hang Seng is up about 3%; Alibaba shares are soaring after earnings report Read More »