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This Article is From Oct 03, 2016

Tencent, Sands Lift Hong Kong Stocks to Breakout Quarter: Chart

Tencent, Sands Lift Hong Kong Stocks to Breakout Quarter: Chart

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(Bloomberg) -- After a torrid first half of the year, Hong Kong stocks are back with a bang. The Hang Seng Index has jumped 14 percent this quarter, heading for its best performance in seven years and beating every major benchmark in Asia. Casino operator Sands China Ltd. rose the most in the index with a more-than 30 percent rally, while technology giant Tencent Holdings Ltd. accounted for the largest portion of the gauge's gain.

To contact the reporter on this story: Jake Ulick in Hong Kong at julick@bloomberg.net. To contact the editors responsible for this story: Richard Frost at rfrost4@bloomberg.net.

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