Hang Seng Index Rises 1.3%; AIA Group Leads Advance, Shanghai Composite Index Rises 0.5%

The Hang Seng Index opened 1.3% higher at 17,695.72 in Hong Kong.

AIA Group Ltd. contributed the most to the index gain, increasing 3.6%. Li Auto Inc. had the largest increase, rising 5.1%.

In early trading, 70 of 82 shares rose, while 8 fell; all sectors were higher, led by commerce and industry stocks.

The Shanghai Composite Index opened 0.5% higher at 2,954.87 in Shanghai.

PetroChina Co. contributed the most to the index gain, increasing 1.0%. Kunshan Dongwei Technology Co. had the largest increase, rising 10.7%.

In early trading, 1,953 of 2,192 shares rose, while 198 fell; 3 of 5 sectors were higher, led by industrial stocks.

Source : Bloomberg