Most Hong Kong Stocks Rise After U.S. Jobs Data; Lenovo Slides
Stock Chart for Lenovo Group Ltd (992)
Most Hong Kong stocks rose after U.S. jobless claims fell and as China’s food suppliers extended their gains. Lenovo Group Ltd. (992), the world’s second-biggest maker of personal computers, slumped after Citigroup Inc. recommended selling the shares.
About three stocks gained for every two that fell on the Hang Seng Composite Index, the city’s broadest equity measure. The benchmark Hang Seng Index (HSI) advanced 0.1 percent to 22,128.60 as of 9:43 a.m. in Hong Kong, headed for a 1.8 percent increase on the week. The Hang Seng China Enterprises Index, which tracks mainland shares, slid 0.2 percent to 10,682.82.
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