News Snapshot:
[HK stocks log second winning week on Alibaba, tech rally as China services report aids sentiment] Hong Kong stocks completed a second week of advance on the back of Big Tech rally as a private report showing China’s services industry expanded significantly last month buoyed risk appetite. The Hang Seng Index climbed 0.9 per cent to 24,837.85 from a week ago as Alibaba Group Holding rallied for a third day from an all-time low. The benchmark closed with a 0.6 per cent on Friday. The Shanghai Composite Index added 0.7 per cent as the market reopened after a five-day trading...
