Hong Kong Stocks Rise Sharply at Opening, Tech Index Gains Over 2%, Hang Seng Up Nearly 2%

Deep News

07/16

Hong Kong shares surged rapidly at the start of trading, with the technology index climbing more than 2% and the Hang Seng Index advancing close to 2%.

Among the constituents of the tech index, Kuaishou Technology shares rose over 5%, while Alibaba Group Holding Ltd, XPeng Inc, Bilibili Inc, Baidu Inc, and Meituan all gained more than 4%. Xiaomi Corporation shares increased over 3%.

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