China Stocks in Hong Kong Gain as Market Reopens From Holiday

(Bloomberg) — Chinese equities listed in Hong Kong gained as trading resumed after the Lunar New Year holiday, with positive consumption data aiding sentiment.

The Hang Seng China Enterprises Index, which tracks Chinese stocks traded in Hong Kong, rose as much as 1.7% after dropping to start the session.

Tech stocks led the advance, with Meituan being the biggest contributor after local media reported the delivery platform saw a jump in meal orders by travelers from a year ago in the first few days of the festival.