29th April 2025 - (Hong Kong) On the futures settlement day, Hong Kong stocks showed positive movement. The Hang Seng Index opened 101 points higher at 22,073 and has since increased by 120 points, or 0.54%, reaching 22,092. The National Enterprises Index rose by 41 points, or 0.51%, to 8,121, while the Tech Index gained 44 points, or 0.89%, to 5,033, with total trading volume on the main board at HK$31.6 billion.
As of 10:19 AM, the Hang Seng Index was trading at 22,164.19, up 192.23 points, or 0.87%.
In the technology sector, stock performance varied: Tencent fell by 0.4%, Alibaba decreased by 0.1%, but Meituan rose by 2.4%. Xiaomi Group dipped by 0.2%, JD Group increased by 1.4%, and Kuaishou saw a slight rise of 0.1%.
Financial stocks remained stable, with HSBC Holdings up 0.6%, AIA increasing by 0.4%, and China Ping An also rising by 0.6%. Hong Kong Exchanges and Clearing added 0.1%.
Automobile stocks displayed mixed results: BYD dropped by 1.1%, while Geely rose by 2.2%. NIO surged by 5.1%, Xiaopeng Motors fell by 2.1%, and Li Auto gained 3.5%.
WuXi AppTec (WuXi Biologics) reported an 89% increase in profits for the first quarter, leading to a 5.8% rise in its stock price. WuXi Biologics also saw a 2.4% increase.

Sumber : dimsumdaily.hk