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Indonesia News Portal for Traders | Financial & Business Updates

2 May 2025 09:04  |

Hang Seng Index gains ground, HSBC weakens

(Hong Kong) The Hang Seng Index rose 73 points, or 0.33%, to 22,192. The China Enterprises Index gained 23 points, or 0.29%, to 8,100. The Tech Index increased 24 points, or 0.48%, to 5,112. Tech stocks showed mixed performance. Tencent rose 0.2%, Alibaba increased 1.4%, Meituan fell 0.5%, Xiaomi Group gained 1.1%, JD.com rose 0.6%, and Kuaishou remained unchanged.

Financial stocks also showed mixed performance. HSBC Holdings fell 1.2%, with Group Chairman Mark Tucker set to retire before the end of the year. AIA Group rose 2.4%, China Ping An remained unchanged, and Hong Kong Exchanges and Clearing gained 1.4%.

Automobile stocks also varied. BYD Company rose 1.7%, Geely Automobile gained 0.4%, NIO fell 1.7%, XPeng rose 0.8%, and Li Auto increased 1.2%.

Source: Dimsumdaily.hk

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