Hang Seng Index rises on Friday on China's strong export data

Hong Kong stocks rose on Friday, as investors cheered on China’s better-than-expected trade data.

The benchmark Hang Seng Index climbed by 137 points, or 0.5 percent, to 25,668 points at the close.

The market turnover was HK$259.7 billion.

The Hang Seng Tech Index was up by 0.8 percent to 4,858 points.

Intelligent driving motion control technologies developer NASN Intelligent Tech (Zhejiang) (2261) jumped 64 percent in Hong Kong’s trading debut.

The company closed at HK$17.1 from its offer price of HK$10.42, giving a paper gain of up to HK$668 per board lot of 100 shares.

In the mainland, the Shanghai Stock Exchange Composite Index was up by 1 percent to 3,940 points and the Shenzhen Stock Exchange Component Index gained 1.42 percent to 14,311 points.

𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 𝗧𝗵𝗲 𝗦𝘁𝗮𝗻𝗱𝗮𝗿𝗱 𝗔𝗽𝗽 ↓