Li Auto (02015) is experiencing a significant upturn in the market, with its stock soaring by 5.25% during Tuesday's intraday trading. This robust performance comes as part of a broader rally in Hong Kong's stock market, particularly in the technology sector.
The overall Hong Kong market is showing strong momentum, with the Hang Seng Index rising by 0.8% and the Hang Seng Tech Index climbing even higher with a 1.8% increase. This positive trend in the broader market appears to be providing a favorable environment for individual stocks, especially in the tech and EV sectors.
Other notable performers in the Hong Kong market include NIO and Laopu Gold, which are also up by 5%, matching Li Auto's impressive gains. Additionally, major tech companies such as Meituan and JD.com are showing strong performance with 4% increases, while other tech giants like Bilibili, SMIC, and Alibaba are also in the green, albeit with more modest gains ranging from 1% to 3%.
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