Hang Seng Index Opens Slightly Higher, Tech and Brokerage Shares Mixed, New Listing Surges

Deep News
06/23

The US stock market saw mixed performance on Monday, with falling oil prices supporting overall sentiment. The Dow Jones Industrial Average once rose by over 300 points before its gains moderated, while tech stocks retreated, leading to a mixed close for the three major indices. The US dollar strengthened, and the yield on the 10-year US Treasury note climbed to around 4.51%. Gold prices rebounded from lows, while oil prices faced fluctuating downward pressure.

Hong Kong's three major stock indices opened collectively higher today. The Hang Seng Index opened up 0.13% at 23,800.02 points, the Hang Seng Tech Index rose 0.04%, and the Hang Seng China Enterprises Index edged up 0.01%.

Market Movers

Technology stocks showed a mixed picture. JD.com, Inc. (HKEX: 9618) fell over 1%, while Meituan (HKEX: 3690) gained nearly 1%. Brokerage shares saw partial gains, with Oriental Securities Co., Ltd. (HKEX: 3958) rising more than 1%. Semiconductor stocks were active, with GigaDevice Semiconductor (HKEX: 603986) advancing over 2%. In the new listing space, Shenzhen Senior Technology Material Co., Ltd. (SZSE: 300568) surged more than 38% on its first trading day.

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