HK Stocks Open Higher. Deepexi Tech Surges 111%; XPeng up 4.6%; Sunny Optical up 2%; Kingsoft Cloud up over 1%; China Gold Intl Down 3%

Market Express
10/28

On October 28, 2025, the Hong Kong stock market opened higher. The Hang Seng Index rose 0.28%, the National Enterprise Index rose 0.24%, the Hang Seng Technology Index rose 0.45%, and the Red Chip Index rose 0.14%.

XPeng up 4.6%; Sunny Optical up 2%; Kingsoft Cloud up over 1%; Alibaba up slightly.

DEEPEXI TECH (01384) surged 111.93% in its IPO debut. In the grey market trading, the stock price increased by over 50%, with each lot earning HKD 2,668.

Gold stocks showed notable movements, China Gold Intl down 3.3%; Zijin Gold down 1.2%.

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