Retailers and other consumer companies rose led by consumer staples shares.
XPeng's shares rose sharply in Hong Kong after the electric-vehicle maker announced a strategic partnership with ride-hailing giant DiDi Global. XPeng will acquire Didi's smart auto development business assets for 5.835 billion Hong Kong dollars (US$744 million), it said in an exchange filing.
Tsingtao Brewery's first-half net profit rose 20.1%, mainly supported by higher beer sales and cost controls.
Write to Amy Pessetto at amy.pessetto@dowjones.com
(END) Dow Jones Newswires
08-28-23 1711ET
