Hong Kong Stocks Movement | Technology stocks opened higher across the board, driving the Hang Seng Tech Index up by more than 2%. Easing geopolitical risks are expected to reverse pessimistic sentiment.

The tech sector opened higher across the board, driving the Hang Seng Tech Index up by more than 2%. Regarding constituent stocks, as of press time, JD.com-SW (09618) rose by 5.98% to HKD 122.3; Baidu Group-SW (09888) increased by 4.86% to HKD 116.5; XPeng Motors-W (09868) climbed by 4.04% to HKD 69.5; Alibaba-W (09988) gained 4.02% to HKD 129.5.

According to Zhitong Finance, the tech sector opened higher across the board, driving the Hang Seng Tech Index up by more than 2%. Regarding constituent stocks, as of press time, JD.com-SW (09618) rose by 5.98% to HKD 122.3; Baidu Group-SW (09888) increased by 4.86% to HKD 116.5; XPeng Motors-W (09868) climbed by 4.04% to HKD 69.5; Alibaba-W (09988) gained 4.02% to HKD 129.5.

In terms of developments, White House officials stated that the second round of negotiations between the United States and Iran is currently ‘under discussion,’ but no official timeline has been confirmed yet. This statement is seen by the market as a significant signal that US-Iran engagement has not been completely severed. Additionally, on April 9, Tencent Cloud raised prices for its AI computing power products again, following previous announcements by Alibaba Cloud and Baidu Intelligent Cloud of price increases, with hikes reaching up to 34%; according to Guolian Minsheng Securities, Alibaba’s multimodal model HappyHorse-1.0 topped the video generation rankings, while Tencent Hunyuan 3.0 large model is set to be released soon.

Industrial Securities previously noted that despite potential fluctuations in geopolitical tensions, April could present a window of opportunity for bullish positions in Hong Kong stocks. This includes global equity markets transitioning from risk-off to risk-on in the short term; as risk aversion and oil prices peak and decline, the US dollar is also likely to reverse the overly pessimistic pricing of geopolitical uncertainties and liquidity tightening; releases such as Tencent Hunyuan and DeepSeek large models, upcoming key meetings, and expectations of Trump’s visit to China may help reverse the current pessimistic sentiment embedded in Hong Kong stock valuations.



Source link

Visited 1 times, 1 visit(s) today

Related Article

Over 400 Korea-listed firms exceed $679.7 mil. in market capitalization

The KOSPI index is displayed on a screen inside the dealing room of Woori Bank in central Seoul, Thursday. Yonhap The number of Korean-listed companies whose market capitalization surpassed 1 trillion won ($679.7 million) exceeded 400 for the first time this year, following a dramatic pre-Middle East-conflict recovery in the stock market, data showed Sunday.

‘Sell in May’ just a myth?

Futures-options traders work on the floor at the New York Stock Exchange’s NYSE American (AMEX) in New York City, U.S., April 17, 2026. Brendan McDermid | Reuters Conventional wisdom can be a stubborn force. As the trading month of May gets into full swing this week, should investors continue to follow the old adage of

Hong Kong Stock Market Midday Review

According to Futu News on April 15, the three major indices of the Hong Kong stock market rose in unison. $Hang Seng Index (800000.HK)$ Up by 0.76%, $Hang Seng TECH Index (800700.HK)$ Up by 1.88%, $Hang Seng China Enterprises Index (800100.HK)$ Up by 0.87%. As of the midday close, 1,170 stocks in the Hong Kong

CNT GROUP (00701.HK) received an over-the-counter increase of 88,723,600 ordinary shares held by Prime Surplus Limited and its affiliates, valued at approximately 8.87 million Hong Kong dollars.

According to a report on April 15, based on the document disclosed by the Hong Kong Stock Exchange on April 15, Prime Surplus Limited increased its stake in an off-exchange trade at an average price of HKD 0.1 per share on April 10.$CNT GROUP (00701.HK)$The transaction involved the purchase of 88,723,600 ordinary shares, valued at

Hong Kong Stock Market Midday Review

Futu News reported on April 16 that the three major Hong Kong stock indices all rose.$Hang Seng Index (800000.HK)$ Up 1.38%, $Hang Seng TECH Index (800700.HK)$Up 2.98%,$Hang Seng China Enterprises Index (800100.HK)$Up 1.73%. As of the midday close, 1,216 stocks in Hong Kong rose, 804 fell, and 1,173 remained unchanged. In terms of sectors, Multiple

Hong Kong Stock Market Midday Review

According to Zhitong Finance APP, the Hang Seng Index fell by 1.32%, down 347 points to 26,046 points; the Hang Seng Tech Index dropped by 1.66%, with turnover in the Hong Kong stock market reaching HKD 126.1 billion in the morning session. Optical communication stocks in the Hong Kong stock market performed strongly. The CPO

Hong Kong Stock Market Movements

Shares of domestic insurance companies collectively declined. As of the time of writing, China Pacific Insurance (02601) fell by 4.75%, trading at HKD 32.48; PICC Property (01339) dropped by 3.47%, trading at HKD 5.28; and China Life Insurance (02628) decreased by 2.57%, trading at HKD 27.34. According to Zhitong Finance APP, domestic insurance stocks collectively

Hong Kong Stock Market Midday Review

According to Zhitong Finance, the Hang Seng Index rose by 0.13%, up 33 points, closing at 26,394 points, while the Hang Seng Tech Index fell by 0.74%. The morning trading volume of Hong Kong stocks reached HKD 108.8 billion. CATL (3750.HK) surged over 5% to reach a new high as the ‘Super Tech Day’ launch

AI Trading Bots Gain Momentum in Crypto and Stock Markets: AriseAlpha Launches Free Automated Investing Platform (2026)

NEW YORK, May 02, 2026 (GLOBE NEWSWIRE) — As financial markets become increasingly driven by real-time data and algorithmic execution, AI trading bots are rapidly gaining traction among investors seeking more efficient ways to manage their portfolios. AriseAlpha announced the launch of its free automated investing platform , designed to support both cryptocurrency and stock

Should You Think About Buying IZEA Worldwide, Inc. (NASDAQ:IZEA) Now?

While IZEA Worldwide, Inc. (NASDAQ:IZEA) might not have the largest market cap around , it led the NASDAQCM gainers with a relatively large price hike in the past couple of weeks. Shareholders may appreciate the recent price jump, but the company still has a way to go before reaching its yearly highs again. Less-covered, small

Dow Jones nears 50,000! Will Stock Market Bulls ever be defeated?

Elior Manier Market Analyst Elior brings over seven years of experience in financial markets to our analyst team. Since 2018, he has actively engaged in observing, charting, and trading, driven by his passion for mastering market dynamics. With a profound understanding of the geopolitical and macroeconomic forces that shape market movements, Elior focuses on analysing

A Reddit WallStreetBets Moderator Shares His Trading Insights

Noor Al compares his work as a WallStreetBets moderator on Reddit to tending a garden. Sometimes it’s a mess but it’s always rewarding Loading audio narration… The retail trader has been helping moderate the popular investing forum since 2014, long before the GameStop short squeeze of 2021 that made the Reddit forum famous. “I kept

How to start investing in the stock market

Image source: Getty Images Getting started in the stock market can be daunting. But for a lot of people, it can be a huge financial opportunity. Over the long term, stocks and shares tend to generate better returns than cash and bonds. And this isn’t an accident. What if share prices crash? For a number

US Markets and the Economy to Be Weighed Down by ‘Baggage’: Mohamed El-Erian

Mohamed El-Erian sees a potentially difficult path ahead for US markets and the economy. Loading audio narration… The top economist and former co-CIO at PIMCO said there are challenges facing American exceptionalism — the idea that US markets and the economy will continuously outperform the rest of the world in returns and economic growth. That’s

Why the 60/40 portfolio is crushing it — despite market chaos and inflation fears

The 60/40 portfolio brings balance to portfolios — and investors. – Getty Images/iStock The traditional 60/40 portfolio may not get much respect these days, but it continues to perform. This is noteworthy because this balanced portfolio has come in for considerable criticism over the past couple of years. It suffered one of its worst years

0
Would love your thoughts, please comment.x
()
x