Hong Kong stocks rise after Beijing unveils support plan; US-China talks loom

Alibaba moves toward synergy not spin-offs as Jack Ma returns

HONG KONG -- Alibaba Group has taken a number of concrete steps to integrate its operations in the latest sign that the Chinese tech giant is ditching

Hong Kong stocks rise after Beijing unveils support plan; US-China talks loom

Hong Kong stocks climb as Beijing releases economic measures; Fed holds rates steady.

The Hong Kong Stock Exchange opens the session a little under the parity: the Hang Seng index gives in the first bars 0.14%, to 22.659.87 points. Between the blue chips, Tencent (+0.20%) and Meituan (+0.72%), while Xiaomi (-0.30%) and Alibaba (-0.16%) yield land. The Shanghai Composite index instead gives in opening 0.34% to 3.331.21 points, while Shenzhen's loses 0.27% by slipping at 1,962.47.