The policy address came as ongoing protests
hit the city’s economy and financial markets. Lam’s speech was repeatedly disrupted
by pro-democracy lawmakers who jeered her over her response to the protests.
Hong Kong banks also rose broadly. HSBC Holdings (HSBCPRA)
gained 1.3%. Hang Seng Bank (HSNGY)
Shares of suppliers to Huawei rallied in Hong Kong after the Chinese tech and telecoms giant reported strong results for the third quarter.
Aac Technologies (AACAF)
and Sunny Optical Technology (SNPTF)
rose 1.9% and 1.2% respectively.
Huawei suppliers in Shenzhen also pulled higher. Integrated circuit card manufacturer Hengbao Co. soared 8.1% in Shenzhen. Connector maker Luxshare Precision Industry also jumped 6%. GoerTek Inc., a supplier of acoustic components, climbed 3.7%.