Stocks advance on US GDP growth

Hong Kong stocks rose, with the city’s benchmark index capping its biggest gain in three weeks, as fasterthan-estimated US growth boosted confidence and the International Monetary Fund said it was raising the outlook on the world’s biggest economy. Hong Kong Television Network Ltd surged 66 percent after announcing plans to start mobile TV services. China Mobile Ltd, the world’s biggest carrier by users, gained 0.8 percent after striking a deal to sell Apple Inc’s iPhone. The Hang Seng Index added 0.5 percent to 22,921.56 at the close in Hong Kong, its biggest advance since Dec 2. The Hang Seng China Enterprises Index of mainland shares, also known as the H-share index, climbed 0.2 percent to 10,647.35.