Hong Kong stocks extend gains; Chinese insurer Ping An up

Hong Kong shares rose for a second session on Thursday, spurred by gains in other Asian markets, while Chinese insurer Ping An Insurance was up after raising its stake in a Chinese lender.
The benchmark Hang Seng Index closed up 1.19% at 20,868.92. The China Enterprise Index was up 1.65% at 11,688.84.
Ping An rose 2.7%. The world's second-biggest insurer has agreed to buy a further 32% of Shenzhen Development Bank, giving it a controlling stake in the Chinese lender.