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Equities

Energy stocks, Wall Street rally lift Hong Kong shares for 14th day

Tencent recovers, while Beijing Airport slides on stake sale by shareholder

HONG KONG (Nikkei Markets) -- Hong Kong shares set course for a record 14th straight day of gains on Friday, as rising oil prices helped lift energy shares and an overnight rebound on Wall Street boosted investor sentiment in Asia.

The Hang Seng Index was up 0.3% to 31,211.32 by the noon break. Offshore oil producer CNOOC climbed 2.3% after global crude oil prices settled at three-year highs on Thursday. Coal miner China Shenhua Energy added 2%, while China Petroleum & Chemical (Sinopec) and PetroChina rose 1.6% and 1.5%, respectively. Tencent Holdings resumed gains after two consecutive declines, rising 0.5% by midday.

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