Tech Leads Rally as Chinese Stocks in Hong Kong Extend Rebound

(Bloomberg) — Chinese stocks extended their recovery from a rout earlier this week, as investors focused on a slew of earnings and awaited further policy guidance following the Communist Party congress.

The Hang Seng China Enterprises Index, a gauge of Chinese mainland equities trading in Hong Kong, gained more than 3% early Thursday. The third day of advance helped pare losses from a historic 7.3% plunge on Monday. Tech stocks led the gains, aided by declines in the dollar and Treasury yields.