Hang Seng up 2.12% at 17,651 points (Il Sole 24 Ore Radiocor) - Hong Kong , 26 Apr - Hong Kong shares closed sharply higher amid strong Asian markets, extending the week's rally and posting their biggest weekly gain since November 2022.

The Hang Seng index closed up 2.12% at 17,651 points, rising almost 9% for the week, and was on track for a nearly 7% gain in April, making it the world's best-performing index this month.

Optimism over corporate earnings and a series of policy support measures to boost investor confidence helped lift sentiment.

In Hong Kong stock market dealings technology stocks rallied, rebounding form yesterday's losses and resuming the week's rally, after stronger-than-expected earnings from US giants Microsoft and Alphabet.

The Hang Seng Tech Index closed up 4.61%.

Hong Kong-listed shares of CNOOC rallied for a fourth straight session and hit an all-time high after first-quarter net profit soared 24% to a record peak.

Information and communication technology systems developer ZTE jumped to an over 5-week high after it posted strong first quarter results.

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(RADIOCOR) 26-04-24 12:01:55 (0298) 5 NNNN