(Hong Kong) In the financial markets today, the Hang Seng Index opened with a gain of 123 points or 0.53%, reaching 23,281 points.
The state-owned enterprise index also saw an increase of 47 points or 0.57%, hitting 8,407 points, while the technology index climbed by 27 points or 0.54% to 5,162 points.
Tech stocks are performing well, with Tencent rising by 1.1% and crossing the 500 yuan threshold. Other major tech companies like Alibaba, Meituan, Xiaomi, JD.com, and Kuaishou saw stable movements.
Financial stocks are holding steady, with HSBC Holdings, AIA Group, China Ping An, and Hong Kong Exchanges and Clearing all showing positive gains.
In the automotive sector, individual stocks are moving in various directions, with BYD Company, Geely Automobile, NIO, XPeng Motors, and Li Auto displaying diverse shifts. The electric vehicle battery giant CATL also registered a 0.3% increase.
Source: Dimsumdaily.hk
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