The Hang Seng Index rose 0.6 per cent to 23,827.78 at the close, the highest level since March 24. The Hang Seng Tech Index gained 0.5 per cent. On the mainland, the CSI 300 Index climbed 0.5 per cent and the Shanghai Composite Index added 0.2 per cent.
Electric-vehicle makers led the broader market, with Li Auto rising 4.1 per cent to HK$115.50 and BYD also climbing 4.1 per cent to HK$462.60. Alibaba Group Holding gained 1.2 per cent to HK$123.10 and Tencent Holdings added 0.7 per cent to HK$520.50. Among the laggards, Trip.com Group slipped 1.1 per cent to HK$500, after Morningstar said falling prices for hotels and air tickets would hurt revenue growth even as the online travel agency posted a 16 per cent year-on-year increase in quarterly revenue.
“China’s economic…
