Chinese stocks rose again on Monday, keeping a rally from Friday going after big gains on Wall Street into the weekend and the release of economic data to start the week—with these developments boding particularly well for shares in
Alibaba.
Hong Kong’s
Hang Seng Index
advanced 0.8% on Monday after a 4% jump last Friday. The
Shanghai Composite
climbed 0.1% on Monday after Friday’s 0.8% rise.
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