The Hong Kong stock market opened lower today. The Hang Seng Index fell 65 points, or 0.24%, to close at 27,221. The China Enterprises Index also fell 0.31%, while the technology index weakened 0.44%.
Technology stocks showed mixed movements - Tencent and Alibaba recorded slight gains, while JD.com and Kuaishou experienced declines. Meituan and Xiaomi saw no price changes.
In the financial sector, stock movements were also mixed. HSBC fell 1.1%, while stocks like AIA Group and the Hong Kong Stock Exchange were unchanged. In the automotive sector, most stocks moved lower. BYD, XPeng, and Li Auto all experienced declines, with XPeng dropping the most at 2.3%. Meanwhile, Geely shares remained stable, and NIO rose slightly by 0.1%. This reflects uncertainty in the market, particularly in the technology and automotive sectors.
Source: Newsmaker.id
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