19th November 2024 - (Hong Kong) The Hang Seng Index opened strongly on Tuesday, advancing by 123 points to 19,699, and continued its upward trajectory, closing up 129 points, or 0.66%, at 19,706. The Hang Seng China Enterprises Index rose by 46 points, or 0.65%, to finish at 7,103, while the Hang Seng Tech Index increased by 40 points, or 0.93%, to settle at 4,381.
Tech stocks performed well across the board, with Xiaomi Group and Trip.com Group surging by 1.2% and 4.9%, respectively. Tencent saw a modest gain of 0.5%, while Alibaba rose by 0.7%. Meituan edged up by 0.1%, although JD.com experienced a slight decline of 0.3%. Kuaishou led the tech sector's gains, climbing 1.9%.
In the financial sector, stability prevailed with HSBC Holdings increasing by 1.2%, AIA rising by 1.1%, China Ping An gaining 0.3%, and Hong Kong Exchanges and Clearing up by 0.7%.
Country Garden Services announced plans for a share buyback, resulting in a notable increase of 6.9% in its stock price.

Sumber : dimsumdaily.hk