Hong Kong stocks climb for a second week on Alibaba, tech rally as China services report aids sentiment

Hong Kong stocks rose, lifting the benchmark index to a second week of gains, after a report showing China’s services industry expanded significantly last month. Alibaba Group Holding rallied for a third day from a record low. The Hang Seng Index rose 0.3 per cent to 24,778.16 as of 10.30am local time.…

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