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Hang Seng Index steady ahead of Alibaba, Tencent, Meituan earnings

The Hang Seng Index rose for two consecutive days after the recent strong Chinese macro data and as investors waited for some notable Chinese earnings. It also rose as it mirrored the performance of American equities.  It has now risen by 5% from its lowest level this month, with focus shifting to the upcoming earnings by companies like Tencent and Meituan. Hang Seng Index rises after strong China macro data  The Hang Seng Index has done well in the past few days, moving from a low of H$24,937 on March 6 to the current H$26,220. This rebound continued this week after China published key macro data, which revealed that the economy was doing relatively well before the Iran war started.…