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The Hang Seng Index rose 0.4 per cent to 25,104.70 at 10.06am local time and the Hang Seng Tech Index slipped 0.1 per cent. On the mainland, the CSI 300 Index climbed 0.5 per cent and the Shanghai Composite Index added 0.4 per cent.
Qingdao-based household appliances maker Haier Smart Home jumped 5.8 per cent to HK$26.54 after its first-half profit exceeded analysts’ estimates. Online travel agency Trip.com Group advanced 4.2 per cent to HK$575.50, rising for a second day after a strong earnings report. Post owner Alibaba Group added 0.4 per cent to HK$116.30 and ICBC gained 1.4 per cent to HK$5.87 before their earnings reports later on Friday.
As many as 12 companies from the 85-member Hang Seng Index were due to release their interim reports on Friday, which were expected to provide fresh clues on what sectors have withstood a slowdown in Chinese economic growth and benefited from a government drive to cut overcapacity in an array of green energy industries.
Other major Asia-Pacific markets all edged lower: Japan’s Nikkei 225 slipped 0.4 per cent, while South Korea’s Kospi and Australia’s S&P/ASX 200 both lost 0.2 per cent.
