U.S. stocks rallied significantly on Friday, with investors buying on dips after a multi-day decline. Technology stocks showed a notable recovery, further widening the market's gains. All three major indices closed higher. The U.S. dollar initially rose before retreating, while the 10-year Treasury yield climbed back to around 4.2%. Gold prices stabilized after an early dip, and oil prices also saw volatile but positive movement.
Today, Hong Kong's three major indices opened higher collectively. The Hang Seng Index opened up 1.59% at 26,982.49 points, the Hang Seng Tech Index rose 1.9%, and the Hang Seng China Enterprises Index gained 1.54%. In market movements, technology and internet stocks broadly advanced, with Bilibili and Baidu up over 3%, and JD.com and Alibaba rising more than 2%. Commercial aerospace concept stocks opened higher, with Junda Agrisech climbing over 12%. Smart driving concept stocks were active, with WeRide gaining over 8%. Semiconductor stocks collectively rose, with Hua Hong Semiconductor up more than 4%. Gold stocks rebounded, with Zhufeng Gold advancing over 5%. Montage Technology listed on the Hong Kong stock exchange today, opening over 57% higher on its first day of trading.