The Hang Seng advances 3.15% due to the good performance of technology

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Shanghai, China, 22 Mar The benchmark index of the Hong Kong Stock Exchange, Hang Seng, closed today with gains of 3.15% in a session marked by the good performance of technological securities. The selective scored 667.94 points to 21,889.28, while the index that measures the performance of mainland Chinese companies listed on Hong Kong parquet, the Hang Seng China Enterprises, rose by 4.06%. Among the subscripts, the only discordant note was the fall of the most local, Services (-2.91%), due to the upsurges in Finance (+1.58%), Real Estate (+2.23%) and Commerce and Industry (+4.98%). The shares that gained the most today were those of e-commerce giant Alibaba (+11.2%), which announced that it will increase its share buyback plan from $15 billion to $25 billion; its healthcare subsidiary, Alibaba Health, followed the trend by rising 8.66%. It was also a good session for other major digital firms such as Tencent (+4.19%), Meituan (+6.32%) or JD.com (+6.19%). On the other side of the coin, the local supplier of natural gas, Hong Kong & China Gas, which lost 14.11% to worse-than-expected annual results. The turnover of the session was 140.32 billion Hong Kong dollars (17,927 million dollars, 16,298 million euros).