Hong Kong Stocks Jump as China’s Consumer Prices Boost Investor Confidence

Market Express

昨天

Hong Kong stocks rose on Monday as investors bet on easing deflation pressures after China’s consumer prices returned to growth in October.

The Hang Seng Index gained 1.6%, while the Hang Seng Tech Index rose 1.3%.

In terms of star stocks, Pop Mart rose 8%; Laopu Gold rose 5%; BYD rose 4%; Tencent, Li Auto, Kuaishou, and Alibaba rose 2%; Meituan, XPeng, and Baidu rose 1%; JD.com rose 0.8%; Xiaomi and NetEase rose 0.3%; NIO and CATL fell 2%; SMIC fell 1%.

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