The Hong Kong stock market opened brightly on Monday, driven by gains in major technology stocks like Tencent, Alibaba, and Xiaomi. The positive performance of these tech companies led to a significant rise in the main Hang Seng Index, indicating recovering investor confidence. The technology sector index also surged, indicating that this sector is once again a mainstay in market movements.
Gold mining stocks also showed sharp gains, following the rise in global gold prices. Companies like Zijin and Shandong Gold recorded strong gains, while jewelry retail stocks also rose. The financial sector also saw gains, although the movements were more limited, indicating a general positive sentiment across the market, though not as pronounced as the technology and gold sectors. (az)
Source: Newsmaker.id
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