Lates News

The Hang Seng Index closed up 1.19%, breaking through the 26,000-point mark and hitting a new high in nearly four years. The Hang Seng Technology Index closed up 1.30%. Technology stocks were generally up, with Alibaba rising more than 3%. Alibaba is expected to announce two major businesses tomorrow: restarting "Koubei.com" to compete with Dazhong Dianping, and launching self-operated group buying on Amap. Alibaba Health rose more than 10%, Bilibili rose more than 5%, and Meituan fell more than 2%.