Chinese stocks in Hong Kong are back to rallying after a one-day dip, with investors pinning hopes that data on the nation’s holiday spending will provide more impetus for the market.
The Hang Seng China Enterprises Index climbed as much as 2.8% on Friday. The gauge closed down 1.6% in the previous session following a 13-day winning streak but is up more than 35% from a September low. Mainland Chinese markets remain closed through Monday for the Golden Week holidays.
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