Hong Kong Stocks Open Higher, Tech Index Rises 0.66%, Chip Shares Extend Gains, DEEPZERO Surges Over 179% on Debut

Deep News
05/27

U.S. stocks showed mixed performance on Tuesday, with strength in technology shares driving the S&P 500 and Nasdaq to new record closing highs. The three major indices ended the session with divergent movements. The U.S. dollar gained, while the yield on the 10-year Treasury note rose to around 4.48%. Gold prices declined, and oil prices were volatile with a softer bias.

Hong Kong's three major stock indices opened collectively higher today. The Hang Seng Index opened up 0.04% at 25,608.78 points. The Hang Seng Tech Index rose 0.66%, and the Hang Seng China Enterprises Index gained 0.12%.

Sector-wise, technology and internet stocks were mixed. Lenovo surged over 5%, and NetEase rose more than 4%. Baidu, Tencent, and JD.com fell nearly 1%. AI application stocks opened higher, with Zhipu AI climbing over 4%. Semiconductor shares continued their upward trend, with Hua Hong Semiconductor advancing over 4%. Some lithium battery stocks gained, as Contemporary Amperex Technology (CATL) jumped over 6%.

Three new stocks debuted today. DEEPZERO soared over 179% on its first trading day. Huaxida surged over 100%, and Yunyinggu Technology rose more than 22%.

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