Hang Seng Index opens higher, boosted by tech stocks
The Hang Seng Index opened higher today, rising 113 points or 0.46% to 24,704. The China Enterprises Index gained 49 points or 0.56% to 8,927, while the Tech Index climbed 48 points or 0.88% to 5,479.
Technology stocks were the main drivers of the market, with Tencent up 0.4%, Alibaba gaining 1.9%, Meituan increasing 1.2%, Xiaomi advancing 0.9%, and Kuaishou rising 1.6%.
Financial stocks saw mixed performance. HSBC Holdings remained flat, AIA Group rose 0.4%, Ping An Insurance fell 0.1%, and Hong Kong Exchanges and Clearing added 0.2%.
Pop Mart shares showed slight movement after issuing a positive profit alert, with a marginal increase of 0.1% at the latest reading.
Source: Dimsumdaily.HK