Breaking: Hang Seng Index Opens 0.73% Higher; Tech Index Rises 0.56%; Tech and Internet Stocks, Gold Shares Gain Broadly; Power Equipment Stocks Open Higher; Busy Ming Group Soars Over 88% on Debut

Deep News
01/28

US stocks showed mixed performance on Tuesday, with the Federal Reserve's rate-setting meeting underway, leading the market to adopt a wait-and-see approach regarding the post-meeting statement. Technology stocks demonstrated strong momentum, with the Nasdaq Composite Index standing out notably, while the three major indices closed with mixed results. The US dollar continued its downward trend, and the yield on the 10-year US Treasury note climbed back to around 4.24%. Gold prices hit a new record high, and oil prices also trended upwards.

Today, Hong Kong's three major indices collectively opened higher. The Hang Seng Index started the session up 0.73% at 27,325.89 points, the Hang Seng Tech Index rose 0.56%, and the Hang Seng China Enterprises Index gained 0.63%. Across the market, technology and internet stocks generally advanced, with JD.com and Lenovo Group rising over 1%. Power equipment stocks opened higher, led by Harbin Electric, which gained over 2%. The innovative drug concept was active, with Simcere Pharmaceutical Group climbing over 5%. Gold stocks saw broad-based gains, as Chifeng Jilong Gold Mining surged more than 4%. Busy Ming Group made its trading debut, opening sharply higher by over 88%.

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