Hong Kong Stocks Open Lower: HSI Down 0.4%, TECH Index Drops 0.41%; Tech Stocks Decline, Property Stocks Active; XIAO NOODLES Plunges 29% on Debut

Deep News
Dec 05

U.S. stocks showed mixed performance on Thursday, with tech stocks gaining momentum. The S&P 500 and Nasdaq indices rose, while the three major indexes closed with varied results. The U.S. dollar rebounded from recent lows, and the 10-year Treasury yield climbed back to 4.1%. Gold prices edged higher, while oil prices also saw an upward trend.

In Hong Kong, the three major indices opened lower today. The Hang Seng Index (HSI) dropped 0.4% at the open, the Hang Seng TECH Index fell 0.41%, and the Hang Seng China Enterprises Index declined 0.32%.

Sector-wise, most tech stocks declined, with Tencent down over 1%. Robotics-related stocks continued their upward trend, with Sanhua Intelligent Controls rising more than 1%. Property stocks remained active, as Country Garden gained over 1%.

Two new listings debuted today—XIAO NOODLES and Tianyu Semiconductor—both opening lower. XIAO NOODLES plunged nearly 29%, while Tianyu Semiconductor dropped over 34%.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10