Hong Kong Shares Higher; Tech, Auto Stocks Lead Gains -- Market Talk

Dow Jones

04-23

0141 GMT - Hong Kong shares are higher, supported by tech and auto stocks. Investors are watching for the latest developments between U.S. and China on trade policies and if Beijing will release any further stimulus. Alibaba Group leads the gainers, with a 5.1% rise, and Xiaomi is up 3.5%. BYD and Li Auto advance 3.2% and 2.3%, respectively. Among the few decliners, Zijin Mining Group leads losers, down 3.6%, and China Mobile is down 1.3%. The benchmark Hang Seng Index is up 1.9% at 21968.15 and Hang Seng Tech Index gains 2.4%.(jiahui.huang@wsj.com; @ivy_jiahuihuang)

(END) Dow Jones Newswires

April 22, 2025 21:41 ET (01:41 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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Investors are watching for the latest developments between U.S. and China on trade policies and if Beijing will release any further stimulus. Alibaba Group leads the gainers, with a 5.1% rise, and Xiaomi is up 3.5%. BYD and Li Auto advance 3.2% and 2.3%, respectively. Among the few decliners, Zijin Mining Group leads losers, down 3.6%, and China Mobile is down 1.3%. 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Investors are watching for the latest developments between U.S. and China on trade policies and if Beijing will release any further stimulus. Alibaba Group leads the gainers, with a 5.1% rise, and Xiaomi is up 3.5%. BYD and Li Auto advance 3.2% and 2.3%, respectively. Among the few decliners, Zijin Mining Group leads losers, down 3.6%, and China Mobile is down 1.3%. 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