Shares in Alibaba Group, (9988) which is under mainland antitrust scrutiny, along with Ant Group have climbed today as traders see a buying opportunity. The stock is up by 5.90 percent at HK$222.400. On Monday, the stock fell by 7.8 percent. Tencent Holdings (0700) has added 2.79 percent at HK$533.50, while new economy stock Xiaomi (1810) has climbed by 4.82 percent at HK$32.65. The benchmark Hang Seng Index is at 26,579.58, up by 264.95 points, or 1.01 percent.

Source: The Standard December 29, 2020 03:22 UTC