Hang Seng Index opens higher, climbs above 25,000 as Nongfu Spring gains over 1%
The Hong Kong stock market opened on a positive note today (22 July), with the Hang Seng Index rising by 30 points, or 0.12%, to 25,024 points. The China Enterprises Index gained 11 points, or 0.13%, to 9,051 points, while the Technology Index increased by 4 points, or 0.08%, to 5,589 points.
Among financial stocks, HSBC Holdings rose by 0.81% to HK$99.25, Ping An Insurance recorded a slight increase of 0.09%, and Hong Kong Exchanges and Clearing edged up by 0.14%. However, AIA Group saw a decline of 0.58%.
Major tech stocks showed mixed performances. Xiaomi Group advanced by 0.26%, Meituan gained 0.08%, Tencent remained unchanged, while Alibaba slipped by 0.17%.
Notably, Nongfu Spring led gains with a 1.69% increase, continuing its strong momentum in the market.
Source: Dimsumdaily