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Stocks

China data spur Hong Kong shares higher by noon

HONG KONG (NewsRise) -- Hong Kong shares headed for their first gain in five days, helped by robust factory activity numbers out of China, even as Donald Trump's first address to the U.S. Congress offered little detail on his fiscal spending plans.

The Hang Seng Index rose 0.2% to 23,788.45 by Wednesday's break. Casino operators led advances after Galaxy Entertainment Group reported a jump in 2016 profit. China Petroleum & Chemical (Sinopec) and CNOOC extended losses, setting them on course for a fifth day of declines.

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