Hang Seng Index opens higher as tech stocks show mixed performance
The Hang Seng Index opened 23 points higher, or 0.09%, at 25,293 on 18th August.
The China Enterprises Index rose by 18 points, or 0.2%, to 9,057, while the Technology Index increased by 22 points, or 0.4%, to 5,565.
Technology stocks showed mixed results. Tencent gained 0.3%, Alibaba rose 0.1%, while Meituan remained unchanged. Xiaomi Group dropped 0.1%, JD.com surged 1.6%, and Kuaishou fell 0.6%.
Financial stocks exhibited varied movements. HSBC Holdings declined 0.4%, AIA Group fell 0.6%, Ping An Insurance rose 0.6%, and the Hong Kong Exchanges and Clearing Limited gained 0.3%.
Source: DimSum Daily