Hong Kong Stocks Open Higher: Hang Seng Index Up 1.55%, Tech Index Rises 1.3%

Deep News
Mar 24

US stocks recorded significant gains on Monday, driven by improved market sentiment after the US President indicated a pause in military actions, easing geopolitical tensions. All three major indices closed substantially higher. The US dollar retreated from recent highs, while the yield on the 10-year Treasury note fell to around 4.34%. Gold prices rebounded from earlier lows, and oil prices saw a notable decline.

Today, Hong Kong's three major indices opened higher. The Hang Seng Index started the day up 1.55% at 24,759.82 points. The Hang Seng TECH Index rose 1.3%, and the Hang Seng China Enterprises Index gained 1.07%.

Across the market, technology and internet stocks broadly advanced. Kuaishou increased by over 2%, while Xiaomi, Tencent, Bilibili, and Alibaba each rose more than 1%. Semiconductor shares opened higher, with TianShu Zhixin climbing over 3%. Airline stocks rebounded, as Air China gained over 4%. New consumer concept stocks were active, with Lao Pu Huang Jin surging more than 10%. Gold stocks generally rose, led by Lingbao Gold, which was up over 5%. Most innovative drug concept stocks advanced, with Rongchang Biotech increasing over 2%.

Two new stocks debuted today. Zejing shares fell 0.68%, while Kalesi Technology jumped over 92%.

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