China stocks rallied on Friday, recouping some of Thursday's losses, with the Hang Seng Index closing 2.8% higher overnight in Asia. The gain has put the index on track for its highest closing since January 2023, according to Deutsche Bank analysts.
Key winners included major e-commerce players $JD.com (JD.US)$ and $Alibaba (BABA.US)$ , which rose 7.3% and 3.5%, respectively, alongside a 2.4% rise for gaming giant Tencent. Their...