Chinese technology stocks gained as resilient earnings from major e-commerce firms helped soothe concerns over weak consumption.
The Hang Seng Tech Index rose as much as 2.2%, poised for its best day in August. JD.com Inc. contributed to about a third of the index’s gains after shares jumped more than 9% following a strong profit beat. Alibaba Group Holding Ltd. rose over 4% as traders focused on positive elements of its mixed results.
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