Hang Seng Index rises on Wednesday

Hong Kong stocks extend their gains on Wednesday.

The benchmark Hang Seng Index grew by 83 points, or 0.3 percent, to 27,266 at the close.

The market turnover dropped to HK$217.2 billion. 

Shares of Xiaomi (1810) rose 4.2 percent while those of Labubu doll maker Pop Mart International (9992) dropped by over 5 percent. 

The Hang Seng Tech Index rose by 0.9 percent to 5,499 points. 

In the mainland, the Shanghai Stock Exchange Composite Index was flat at 4,131 points and the Shenzhen Stock Exchange Component Index fell by 0.35 percent to 14,160 points.