Hong Kong stocks advance as investors gear up for details from China economic meeting

The Hang Seng Index gained 0.2 per cent to 20,188.94 as of 10am local time. The Hang Seng Tech Index added 0.1 per cent. In China, the CSI 300 Index and the Shanghai Composite Index both climbed 0.1 per cent.

Among the leading gainers, Sunny Optical Technology rallied 2.6 per cent to HK$66.75 and China Unicom advanced 1.5 per cent to HK$6.88. On the downside, Meituan declined 2.1 per cent to HK$163.60 and biotech firm Wuxi AppTec slumped 2.2 per cent to HK$56.65.

One company made its debut: Sprint Precision Technologies, which makes parts for semiconductor equipment, jumped nearly seven-fold from its offer price to 75.58 yuan in Shanghai.

Other major Asia-Pacific markets were mixed. Japan’s Nikkei 225 climbed 1.5 per cent and South Korea’s Kospi retreated 0.7 per cent, while Australia’s S&P/ASX 200 lost 0.2 per cent.