
Hong Kong shares edged higher by mid-day trading on Friday, with gains among energy and property stocks offsetting weakness in most tech and consumer discretionary sectors. Electric vehicle stocks traded on a mixed note.
Tech Mixed: After pausing for a breather on Thursday, Alibaba Group Holding Ltd (NYSE: BABA) shares rose sharply. Intraday, the stock hit its highest level since mid-February, suggesting improving sentiment toward the battered e-commerce giant.