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%.