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Hong Kong stocks rose on Tuesday as energy firms gained on the back of stronger crude oil prices, while Chinese property and related shares remained subdued on mounting worries over the debt crisis of China Evergrande Group.
Hong Kong shares rose on Tuesday as energy firms gained on the back of stronger crude oil prices, while Chinese real estate stocks remained subdued on mounting worries over the Evergrande debt crisis.
Hong Kong shares dropped on Monday, dragged by healthcare stocks, but investors were closely watching beleaguered developer China Evergrande, whose shares were suspended ahead of an announcement about a major transaction.
Hong Kong shares edged up on Monday, led by energy and consumer staples sectors, while a power crunch in mainland China sent heavy industry stocks lower.
Hong Kong shares ended lower on Thursday, dragged down by tech stocks after China said it would set up governance rules for algorithms in around three years.