China stocks rise as services activity picks up, HK stocks surge

SHANGHAI: Hong Kong stocks clocked their best one-day performance in three months on Friday, while China stocks also rose as a private survey showed the country's services activity picked up in October.

China's blue-chip CSI300 Index ended 0.8% higher, while the Shanghai Composite Index gained 0.7%. Hong Kong benchmark Hang Seng Index surged 2.6%.