News Snapshot:
Hong Kong stocks climbed to a five-week high, fuelled by gains in Alibaba Group Holding and tech peers while carmakers advanced on an upbeat sales outlook. The Hang Seng Index rose 1.4 per cent to 25,775.70 as of 10.33am local time, a level not seen since September 13. The Shanghai Composite Index climbed 0.6 per cent to 3,590.22. The Hang Seng Tech Index jumped 2.1 per cent, paced by a 12.6 per cent rally in Bilibili and a 5.4 per cent gain in Kuaishou Technology . Alibaba, the owner of this newspaper, jumped 1.5 per cent on media reports it...
