Hong Kong Stocks Rise as Developers, Retailers Gain; Gome Jumps

Bloomberg, (31/5) -- -- Hong Kong stocks rose the first time in three days as Chinese developers gained, and retailers advanced after sales in the city increased. Gome Electrical Appliances Holding Ltd. jumped after reporting earnings.

The Hang Seng Index rose 0.2 percent to 22,537.55 as of 9:41 a.m. in Hong Kong, paring this week’s loss to 0.4 percent. About three stocks climbed for every two that fell. The Hang Seng China Enterprises Index of mainland companies slid 0.1 percent to 10,679.92.

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