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<H Shrs>HSI Opens Up 334 Pts; Commodities Stabilize; GEELY AUTO, NIO-SW Rally
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The HSI opened 334 points or 1.3% higher at 25,583. The HSCEI climbed 93 points or 1.1% to 8,577. The HSTECH jumped 77 points or 1.6% to 4,907. Commodity stocks stabilized, with SD GOLD (01787.HK) and ZHAOJIN MINING (01818.HK) opening up 1.8% and 1%. ZIJIN MINING (02899.HK) leaped 2.4%. MMG (01208.HK) and JIANGXI COPPER (00358.HK) escalated 2% and 2.6%. Aluminum stock CHINAHONGQIAO (01378.HK) spiked 3.3%. In the tech sector, TENCENT (00700.HK), BABA-W (09988.HK), and NTES-S (09999.HK) inched up 0.5-0.7% at open. MEITUAN-W (03690.HK) and KUAISHOU-W (01024.HK) grew 1.7% and 2.2%. JD-SW (09618.HK) advanced 1%. BIDU-SW (09888.HK) remained flat at HKD115. Additionally, SENSETIME-W (00020.HK) and BILIBILI-W (09626.HK) opened inclining 3.1%. JD HEALTH (06618.HK) rocketed 3.5%. Chip stocks SMIC (00981.HK) and HUA HONG SEMI (01347.HK) shot up 2.9% and 3.8%. Among carmakers, GEELY AUTO (00175.HK) and NIO-SW (09866.HK) opened 4% and 5.1% higher. BYD COMPANY (01211.HK) ticked up 1.5% to HKD96.5. XIAOMI-W (01810.HK) and LI AUTO-W (02015.HK) ballooned 1.8% and 1.6%. LEAPMOTOR (09863.HK) and XPENG-W (09868.HK) swelled 2.6% and 2.5%. AAStocks Financial News |
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