HK shares edge higher amid China tech overhaul

Hong Kong stocks rose on Thursday but were well off the morning’s highs following news that China had given several ride-hailing firms a dressing down in the latest crackdown on the tech sector.

The Hang Seng Index edged up 0.24 percent, or 62 points, to 26,090.

The Shanghai Composite Index climbed 0.84 percent, or 29 points, to 3,597, while the Shenzhen Composite Index on China’s second exchange added 0.41 percent, or 9 points, to 2,427. (AFP)