24 Jan Hong Kong stocks extend rebound as Alibaba jumps 5% on insider buying, China vows more support to calm market
Posted at 02:40h
in Asia
Hong Kong stocks rose for a second day to a one-week high, fuelled by the biggest gain in Alibaba Group in two months, amid speculation about corporate insider buying. China’s securities regulator added to the verbal support for the local financial markets.The Hang Seng...