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Nikkei Markets

Hong Kong stocks post broad weekly gains amid modest volumes

Geely and tech shares among top gainers as most index components advance

HONG KONG (Nikkei Markets) -- Hong Kong stocks posted their steepest weekly rise in nearly three months on Friday on the back of gains by Geely Automobile Holdings and technology companies, although caution over U.S.-China trade relations affected trading volumes.

The Hang Seng Index rose 1% to end at 31,122.06, taking its weekly advance to 4%. Forty-eight of the index's 50 members climbed over the five-day period. Geely was the week's top performer with a 12.7% increase, while AAC Technologies Holdings added 9.2% and Sunny Optical Technology Group advanced 8.2%. In Friday's trading, Geely rose 3.7%, AAC added 1.8% and Sunny Optical slipped 0.7%.

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