Alibaba-fueled rally sends stocks toward 22,000 mark
Staff reporter and agencies
Hong Kong stocks surged 563 points to hit a more than four-month high, led by a rally in Alibaba (9988) shares after its reportedly partnership with Apple.
The benchmark Hang Seng Index closed at 21,857, up 2.64 percent. The market turnover was HK$287.16 billion, the highest since October 10 last year.
The Tech Index rose by 2.7 percent, closing at 5,281.
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