Market Overview

U.S. stocks showed an upward trend on Thursday, buoyed by the White House announcing an imminent meeting between the leaders of China and the United States. The market anticipates a potential easing of trade tensions, which propelled the major indices to close higher. The U.S. dollar remained stable, with the yield on the ten-year U.S. Treasury rising to around 4%, while gold prices fluctuated upwards and oil prices also performed well.

Today, Hong Kong's three major indices opened higher across the board, with the Hang Seng Index rising by 0.81%, reaching 26,177.11 points. The Hang Seng Tech Index increased by 1.36%, and the National Enterprises Index climbed by 0.86%. On the market, tech stocks broadly gained, with Lenovo, Kuaishou, and Alibaba all rising over 2%, while Bilibili, Meituan, and NetEase each increased by more than 1%. Gold stocks rebounded, with Tongguan Gold up over 1%. Apple suppliers opened higher, with Hon Teng Precision rising more than 2%. Chinese brokerage stocks were active, with GF Securities increasing over 1%;

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