Hong Kong Stocks Open Higher: Hang Seng Index Rises 0.42% at Open, Tech Shares Mixed, Gold Stocks Gain
Deep News
Aug 21
Hong Kong's three major stock indices opened higher on Tuesday, with the benchmark Hang Seng Index climbing 0.42% to 25,807.61 points at the opening bell.
The Hang Seng Tech Index added 0.21%, while the Hang Seng China Enterprises Index rose 0.37%.
In early trading, technology stocks showed a mixed performance. Both Alibaba and Xiaomi advanced more than 2%, while NetEase fell over 1%.
Meanwhile, PCB-related concept stocks saw some gains, with China National Building Material rising more than 1%.
Gold stocks were mostly higher, led by Zijin Gold International, which surged over 3%.
Mainland property developers were also active in early trade, with Jinhui Holdings gaining more than 2%.
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.